$HOT , here's what to consider:
Short Setup for HOT/USDT
Key Levels for Shorting:
Entry Point:
Look for a price rejection near the $0.00231 level, which could signal a good entry point for a short position.
Target Levels:
First Target: $0.00220
Second Target: $0.00215
Third Target: $0.00205
Stop Loss:
Place your stop loss at $0.00240 to limit potential losses if the price moves against you.
Why It Could Work:
If the price fails to hold above $0.00231 and starts rejecting from that level, a short position could be profitable.
Keep an eye on market sentiment and volume to confirm the short.
Remember to manage your risk and adjust according to market movement.
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