💎 HOT has recently demonstrated notable market dynamics, particularly as it undergoes a retest of the support area following a significant breakout. It is crucial for HOT to bounce from this support zone in order to sustain its upward momentum.
💎 If HOT successfully bounces from the support area, it has the potential to resume its upward movement, aiming to make higher highs in our target strong resistance area.
💎 However, if HOT fails to find support at the current level and breaks below the support area, it would indicate weakness in the market sentiment. This could lead to further downward movement, with the next potential support area being around 0.00173.
💎 Therefore, it is essential for HOT to bounce from the support area and reclaim levels above it to maintain its bullish trajectory. Failure to do so could result in a continuation of the downward movement.