HATUSDT 1-Hour Heikin Ashi Chart Analysis

20 Jun

$BYBIT:HATUSDT

Analysis:

Recent Trend: The chart shows a sharp price drop recently, with red candles indicating strong selling pressure. 📉

RSI: The Relative Strength Index has fallen below 30, entering oversold territory. This suggests that selling may have been excessive, and a rebound could be possible. 📊

Support: A potential support level can be identified near the current price drop, around 0.00087 USD (based on chart figures). 🔽

Resistance: A possible resistance level could be near the previous trend’s low, around 0.0010-0.0012 USD. 🔼

Possible Targets:

Target 1 (short-term): 0.00095 USD - A small rebound after oversold conditions. 🎯
Target 2 (medium-term): 0.0011 USD - A test of the first resistance level. 🎯
Target 3 (long-term): 0.0015 USD - If a strong bullish recovery occurs after confirmation. 🎯

Set a stop-loss below the support level (e.g., 0.00065 USD) to manage risk. ⚠️

27 Jul

Trade aktif

Target 1 & Target 2 Reached

+50% Profit