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$H
HUSDT technical analysis (Frame 1D)
• Main trend: HUSDT is maintaining a very good short- and medium-term bullish structure. The price has continuously created a higher back peak and a higher back bottom since the end of April.
• Support from MA lines: The price is currently on all important moving averages (). In particular, the () and () lines are steeping, acting as an extremely solid dynamic support area for short-term corrections.
• Candles & Volume: After the breakout to the area, the price shows signs of accumulation again with a decreasing trading volume (Volume). The most recent day candle shows a slight pullback right at the support area, indicating that the bottoming demand is still waiting.
Trading plan (Short-term purchase)
• Potential buying area: (Buy scattered around the intersection area of and ).
• Profit target (TP): (Check the old short-term peak area again).
• Stop loss (SL): Below (The uptrend line will be broken).
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