Chibuike_Odoh

HARDUSDT { HARD PROTOCOL } - BULLISH SETUP

Long
BINANCE:HARDUSDT   HARD / TetherUS
ANALYSIS 🔎
- HARDUSDT hit a swing high and retraced.
- Price retested the all-time low support.
- There was a relatively high concentration of buyers at that zone.
- The downtrend was resisted by the descending trendline resistance.
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.

BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the horizontal resistance level (@0.844).
- Limit entry: Retest of the swing low support (@0.5427).

TARGETS 🎯
- Horizontal resistance level (@1.535).
- Horizontal resistance level (@2.6601).
- Horizontal resistance level (@2.998).

SETUP INVALIDATION ❌
- Initial invalidation: breakdown below the support level (@0.5427).
- Final invalidation: breakdown below the all-time low support (@0.3811).

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