Sudeng / USDT
Updated

HIPPO Update (12H)

441
First of all, please note that this is a meme coin, meaning it comes with high volatility and is considered risky.

Pay attention to the timeframe — it’s a large and long-term one.

It appears that a symmetrical pattern is coming to an end, and this token has gone through a decent time and price correction. As long as the green zone holds, it can move toward the targets.

Targets are marked on the chart.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade closed: target reached
It was analyzed from the price of 0.004364 and pumped over 51%, hitting both RPs, and reached the supply zone. After the touch, it dropped more than 68%.

The zones were accurately identified.
snapshot

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