$HOT Market Update

A short liquidation of $9.4675K at $0.00263 has created excitement in the market! This move indicates potential volatility and an opportunity for traders. Here’s a complete plan for your next move:

Current Market Analysis

Market Sentiment: The short liquidation suggests possible upward momentum as traders exit losing positions.

Support Zone: $0.00250 - $0.00260 (ideal buy zone).

Resistance Zone: $0.00275 - $0.00285 (target range).

Momentum: Watch for increasing buy-side activity for confirmation of an uptrend.

Trading Plan

Buy Zone

Enter between $0.00255 - $0.00265 for a safe position.

Targets

1. $0.00270 (short-term target).

2. $0.00280 (extended target).

Stop Loss

Set stop loss at $0.00245 to manage risk effectively.

Pro Tips for Trading

1. Volume Matters: Ensure there’s enough buying volume before entering.

2. Risk Control: Stick to a 2% risk rule on your portfolio.

3. Track Updates: Monitor $HOT -related news and market sentiment.

Disclaimer:

This is for educational purposes only and not financial advice. Always do your own research before making a trade!

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