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$HEI Follow the bearish side. It now looks like a clear rebound, but I think this could be a trap.
The resistance zone at this level is still rejecting any upward move. The 4-hour structure remains bearish overall, and the daily macro backdrop is also bearish—price is clearly being blocked in the range of 0.09383 to 0.09430. The 15-minute RSI is around 53, with momentum leaning neutral; there’s still room for further downside. Also, the 15-minute trading volume has surged by nearly 4x, which suggests real sell pressure has already entered the market.
You can watch how price behaves around 0.09383 to 0.09430; if it breaks down, look toward 0.09237 and even around 0.08954. A defensive level can be placed at 0.09633. Everyone, remember to control risk—don’t go too heavy chasing.