Technical analysis by CryptoAnalystSignal about Symbol HOT: Buy recommendation (4/29/2025)

#HOTThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.We are seeing a bounce from the lower boundary of the descending channel, this support at 0.01018.We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 0.01086First target: 0.001118Second target: 0.001155Third target: 0.001200#HOTFirst target: 0.001118 ReachedSecond target: 0.001155 ReachedThird target: 0.001200 Reached