$HEI Pullback after rise, the trend is not bad, but it has entered a consolidation correction phase.


The structure is very clear:
The previous high of 0.14671 is the emotional peak of this round, now it has retreated and confirmed, with a pullback to around 0.12, just above the previous rally's starting zone. Now the price is around 0.125, stuck between MA7 and MA30, grinding.
This indicates it is not a new rally, but a digestion after a strong rise.
The key levels are simple:
✔️ Support: 0.122-0.12
Holding here means funds are still in, indicating a strong consolidation.
✔️ Resistance: 0.128-0.13
Breaking through here could give a chance to retest the 0.14 high.
Trading idea:
Don't chase the rise; a steady hold around 0.122 on the pullback allows for small positions to go long. Once it breaks below 0.12, the short-term bullish structure ends.
In one sentence:
This is a shakeout after a strong move, not the start of a new trend. It's better to wait for a confirmed pullback before acting.
Stay tuned: $SLX $BEAT
SLX41.25%
BEAT6.77%
HEI49.24%
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MemeFisher
· 06-24 13:29
This analysis is spot on. The MA7 and MA30 sandwich cookie pattern is frustrating, but the direction hasn't been decided yet.
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GateUser-739338fe
· 06-24 13:21
0.12 holding is indeed visible, if it breaks below I will run
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ReorgPanicButton
· 06-24 13:13
Many people bought at around 0.1467 earlier.
Currently, the fluctuation is just digesting the trapped positions.
Waiting for a volume breakout above 0.13 is not too late.
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MirrorPetals
· 06-24 12:34
$SLX and $BEAT also mentioned, do you think the funds are about to rotate over?
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GasFeeAnxiety
· 06-24 11:37
Pull back to 0.122 to go long, set stop loss at 0.119, the risk-reward ratio is acceptable, just worried about a false break with a spike down.
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