HEI has officially broken out from a long-term falling wedge structure, signaling a potential shift in momentum after months of downtrend pressure.
Price reclaimed the wedge resistance and is now pushing into the first key resistance zone around 0.10–0.103. The structure also shows a developing higher low formation after the breakout, supporting bullish continuation potential.
If momentum continues and price holds above the breakout zone, the next major targets sit around:
0.15–0.16
0.28–0.29
As long as HEI stays above the breakout area, the bullish structure remains valid. Any retest holding above support could strengthen continuation toward higher timeframe resistance zones.
Price reclaimed the wedge resistance and is now pushing into the first key resistance zone around 0.10–0.103. The structure also shows a developing higher low formation after the breakout, supporting bullish continuation potential.
If momentum continues and price holds above the breakout zone, the next major targets sit around:
0.15–0.16
0.28–0.29
As long as HEI stays above the breakout area, the bullish structure remains valid. Any retest holding above support could strengthen continuation toward higher timeframe resistance zones.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market Structure • Price Action • Crypto Updates
🔗 Telegram: t.me/Coach
🔗 Telegram: t.me/Coach
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.