$HOT Heats Up +19.69%! Bulls are Blazing!
Current Price: HOT is trading at $0.002869, nearing its 24h high of $0.002890 after a strong recovery from a low of $0.002307.
• Moving Averages:
• MA(7) at $0.002556 shows strong short-term momentum as HOT remains well above this level.
• MA(25) at $0.002490 and MA(99) at $0.002252 confirm a solid bullish trend forming.
• Volume: Surge in volume indicates increased buying pressure, fueling the strong upward breakout.
• Support and Resistance:
• Support: Immediate support lies at $0.002750, with stronger support at $0.002490 (MA(25)).
• Resistance: HOT is challenging its 24h high of $0.002890. A breakout could push HOT toward $0.003000.
Trend Outlook:
HOT is showcasing a powerful uptrend with higher highs and higher lows. A sustained breakout above $0.002900 could signal the next leg of the rally.
Momentum and volume are on HOT’s side. Keep a close eye on this move as it targets key resistance levels.
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