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#比特币对比代币化黄金 ⚡ $H Short Opportunity Incoming?
Market Notes:
Direction: Bearish
Entry Price: 0.07779
Stop Loss: 0.08783
Target Price 1-2: 0.06274 / 0.04768
How to view this market move?
On the four-hour chart, $H has already formed a clear downtrend channel. The previous support at 0.0903 didn't hold and has now turned into resistance. The current price is hovering below the newly formed resistance, and this kind of movement often indicates the downtrend isn't over yet. Once it breaks down out of the current consolidation range, the bearish signal will be fully confirmed.
Under what circumstances would this view be invalid?
It's simple—if the price strongly recovers and holds above 0.08783, then this short setup should be scrapped and re-evaluated.
$H $PUMP $GIGGLE