HOTUSDT Buy levels and targets

Holo (HOTUSDT) is on a strong 1D green candle, being on Higher Highs and Higher Lows since the July 13 Low. The 1D MA50 (blue trend-line) is now supporting and the 1D MA200 (orange trend-line) is the short-term target. After that, we need a clear break above the 0.5 Fibonacci retracement level to confirm the long-term trend shift from bearish to bullish. As a result buy either upon a 1D MA50 pull-back or a 0.5 Fib break-out. Notice that on the previous Lower High of the November 2021 Channel Down, the price got rejected near the 0.5 Fib.



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