ANALYSIS 🔎 - HOTUSDT was resisted by the descending trendline resistance (DTR-1). - Price brokeout above the descending trendline resistance (DTR-1). - The market hit a swing high and retraced. - Price is retesting and descending trendline resistance (DTR), the key fibonacci retracement zone (0. 5-0 .618 - 0.786) and horizontal support level (S1). - The retracement is resisted by the descending trendline resistance (DTR-2). - There's a breakout potential.
BUY ENTRY ⬆️ - Breakout above the descending trendline resistance (DTR-2). - Retest of the descending trendline resistance (DTR-2) after the breakout.