💰$HEI is currently trading around $0.51228, coming under fresh selling pressure as bearish momentum begins to build.
Technical Analysis (4H timeframe):
🔴 The price is trading near key short-term moving averages, while the SHORT Sequence 1 signal indicates sellers are gradually regaining control and downside momentum is starting to strengthen.
⚠️ The $0.520–$0.528 range acts as immediate resistance. Unless HEI breaks and closes above this zone, recovery attempts are likely to face renewed selling pressure.
📉 Initial support is located around $0.505–$0.508. A break below this level could extend the decline toward $0.495–$0.500.
Outlook: The short-term bias leans bearish, supported by the fresh SHORT Sequence 1 signal and increasing selling pressure. A decisive recovery above $0.528 would weaken the bearish outlook, while remaining below resistance keeps the downside scenario in focus.
#CLARITY Act regulatory framework #AI models pose security risks #XRP holders warned over fake Ripple site #Coldcard hardware wallet vulnerability
