HEI/USDT – Bullish Breakout Confirmed, More Upside Ahead?

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HEI/USDT – Bullish Breakout Confirmed, More Upside Ahead?HEI / TetherUSBINANCE:HEIUSDTEdoardoTelve Date: July 19, 2025 HEI/USDT has just broken out of a prolonged accumulation phase with strong volume confirmation. The price is showing strength as it reclaims key moving averages and breaches horizontal resistance, suggesting a potential shift in trend. 🔍 Technical Overview: Current Price: $0.3681 EMA Analysis: 4EMA: $0.3234 50EMA: $0.3048 100EMA: $0.3267 Price is trading above all short-term and mid-term EMAs, indicating a confirmed bullish momentum. 📊 Structure & Price Action: A solid base was formed between $0.25–$0.35, marked by accumulation and higher lows. The recent breakout above the $0.36–$0.38 resistance zone is significant, especially backed by high volume. The structure appears to be a rounded bottom / cup-shaped pattern, hinting at a shift from a downtrend to an uptrend. 📉 Key Support Zones: $0.3545 (immediate support / previous resistance now turned support) $0.25–$0.30 (accumulation demand zone) 📈 Key Resistance & Target Zones: $0.4018: Minor resistance just ahead, being tested $0.4380: Local horizontal resistance $0.5704: Final mid-term target if bullish momentum continues 📊 Indicators: RSI: 71.25 – Strong bullish momentum, now in overbought territory. Could lead to short-term consolidation before next leg up. Volume: Strong breakout candle with a surge in volume – confirms genuine demand and institutional participation. 🎯 Bullish Outlook: Breakout confirmed with clean structure and momentum Short-term target: $0.4018 Mid-term targets: $0.4380 and $0.5704 Pullbacks to the $0.35–$0.36 zone may present buying opportunities 📉 Invalidation: A breakdown below $0.3545 (with volume) would weaken the bullish thesis Falling back into the accumulation zone below $0.30 would invalidate the breakout setup Good Trading!!