Technical analysis by CryptoAnalystSignal about Symbol HOT: Buy recommendation (12/8/2025)

CryptoAnalystSignal
#HOT/USDT — Testing Demand Zone: Major Accumulation or Breakdo

#HOT The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.000490. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.000517 First target: 0.000529 Second target: 0.000545 Third target: 0.000567 Don't forget a simple principle: money management. Place your stop-loss below the support zone in green. For any questions, please leave a comment. Thank you.