Hey Traders! I’m entering a long on HIPPO/USDT at $0.002255. This pair has recently broken above a short‑term consolidation zone and appears poised for a push. My first target is $0.002795 and, if momentum holds, my second target zone lies between $0.0031200‑$0.003350.
From a technical perspective:
Price is approaching a prior resistance zone (around $0.0028) which, once cleared, could act as new support and open the door toward the $0.0031‑$0.00335 range.
Short‑term momentum is turning positive, with price action showing higher‑lows and a possible breakout of a descending trend‑line.
However, broader technical indicators remain cautious. For example, aggregated oscillator and moving‑average signals for HIPPO show a “Strong Sell” status recently.
This means while the setup has potential, risk is elevated — especially if the breakout fails or broader market turns negative.
As always, use a stop‑loss, manage your risk, and only allocate what you’re comfortable with. Good luck!
From a technical perspective:
Price is approaching a prior resistance zone (around $0.0028) which, once cleared, could act as new support and open the door toward the $0.0031‑$0.00335 range.
Short‑term momentum is turning positive, with price action showing higher‑lows and a possible breakout of a descending trend‑line.
However, broader technical indicators remain cautious. For example, aggregated oscillator and moving‑average signals for HIPPO show a “Strong Sell” status recently.
This means while the setup has potential, risk is elevated — especially if the breakout fails or broader market turns negative.
As always, use a stop‑loss, manage your risk, and only allocate what you’re comfortable with. Good luck!
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.