HOT/USDT Could HOT Breakout the resistance ?? or Rejects again
💎 HOT has been a significant point of interest in the financial market, facing challenges in overcoming a key resistance area. Recently, HOT encountered a setback after being repelled at this critical level. A breakthrough of this resistance could probability lead to a substantial upward trend, with our next goal being the strong resistance area.
💎 However, if HOT is unable to achieve a breakout and instead remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in HOT reversing its course back towards the support or possibly the demand area.
💎 In the demand zone, a strong response is essential for HOT. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for HOT, potentially leading to a descent towards a stronger support area.
💎 However, if HOT is unable to achieve a breakout and instead remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in HOT reversing its course back towards the support or possibly the demand area.
💎 In the demand zone, a strong response is essential for HOT. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for HOT, potentially leading to a descent towards a stronger support area.
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