$HARD š Technical Analysis and best Trading Strategyš¹
š Market Overview:
Current Price: $0.1711
Timeframe: 1H & 4H Charts
Trend: $HARD Bullish Recovery with Uptrend Confirmation š
Key Resistance Levels: $0.1800, $0.1900 š“
Key Support Levels: $0.1610, $0.1543, $0.1459 š¢
š Technical Breakdown:
ā
Break of Structure (BOS): Confirmed on 1H and 4H charts, showing market shift š
ā
Change of Character (CHoCH): Market sentiment turning bullish š¢
ā
Stochastic RSI:
1H Chart: Overbought but still showing momentum šŖ
4H Chart: Trending upwards, confirming potential bullish continuation š
š§ Chart Pattern Analysis:
š Inverse Head & Shoulders Formation: Signaling potential breakout!
š Liquidity Grab at Demand Zone: Wick rejection from the key support at $0.1650 suggests strong buyer interest.
ā” Moving Averages (MA):
50 EMA Crossing Above 200 EMA: Bullish confirmation incoming! ā
Price Above 50 EMA: Buyers are in control
š¹ Trading Strategy:
šÆ Long Entry: Buy zone around $0.1670 - $0.1615 š
šÆ Target 1: $0.1800 š¹
šÆ Target 2: $0.1900 š
šÆ Extended Target: $0.1950 (If price sustains above $0.1900)
ā Stop-Loss: Below $0.1540 for strong risk management
š Trend Signal & Takeaways:
šµ $HARD Price showing a Higher High & Higher Low formation
ā” Break above $0.1750 could trigger rapid bullish movement
ā Strong rejection at $0.1800 might lead to a retest before the next move
š If price falls below $0.1610, bearish momentum might return
ā³ Trade Duration:
Short-term: 1-3 days for quick scalping trades
Swing Trade: 3-7 days for potential breakout to higher resistance levels
š¬ Whatās Your Next Move? Are you longing this setup? Drop your thoughts below! ā¬ļø
š¢ Follow for More Pro Trade Setups! š„
š“ Disclaimer: This is not financial advice. Always DYOR before making any trades! ā
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