šØ $HOT /USDT Price Action Alert ā Key Support and Resistance Levels šØ
The HOT/USDT pair is displaying significant volatility after a sharp rally and subsequent pullback. Currently, the price is consolidating around 0.001831 USDT, signaling potential setups for both bulls and bears.
š” Key Levels to Watch:
ā¢ Resistance Zone: 0.00220 USDT ā A breakout above this level could fuel a strong move toward 0.00250 USDT, triggering momentum buyers.
ā¢ Support Level: 0.00162 USDT ā If this support cracks, the price might slip toward 0.00150 USDT or even lower.
š Short-Term Strategy:
Entry around 0.00180 USDT with a stop-loss at 0.00170 USDT targeting a move back toward 0.00200 USDT.
š Long-Term Strategy:
Buy near 0.00162 USDT support if tested, with a stop-loss at 0.00155 USDT. Target a breakout to 0.00230 USDT for a more extended bullish run.
ā ļø Stay alert for a rejection near resistance, as it could lead to a sharp pullback. Perfect setup for scalpers and swing traders alike!
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