Heima (HEIUSD) Buying Time Is Now

Heima (HEIUSD) Price Forecast: August 10

Heima (HEIUSD) has experienced a modest increase, suggesting its buying time is now, as the price currently runs a bullish trend. The cryptocurrency is facing high pressure from the bulls, signaling the rebound could be long-lived. Conversely, if the coin prices could sustain above the current high of $0.595, the bulls’ trend would continue upward and might hit the $0.600 upper high level, attracting the newest buyers.

Key Levels:
Resistance Levels: $0.593, $0.594, $0.595
Support Levels:   $0.354, $0.353, $0.352

HEI (USD) Long-term Trend: Bullish (4H Chart)

Heima’s long-term timeframe reveals its buying time is now. The pair remains positive with bullish sentiment gaining traction toward the overhead.
The price is trading in a bullish momentum, looking attractive for long traders, and signifies a buy signal.

The coin market has developed and appears attractive to buyers at its recent high. This is due to the bulls’ persistent order flow to the $0.502 supply in the last session.

With sustained buying, the HEIUSD price challenged another resistance zone at $0.595 above the moving averages. As the 4-hourly chart resumes today, it suggests buying time is now as the bulls attempt to prolong the rally.

However, an additional effort by the bulls above the $0.595 current high would invalidate any further bearish thesis.

The daily stochastic underlying sentiment points to a continuation of the rise in the upcoming days.

As a result, it is anticipated that buyers will drive the price of Heima to a substantial level; in this instance, the aim may be the upper resistance level of $0.600 over a longer period.

HEI (USD) Medium-term Trend: Bullish (1H Chart)

Prices are above the moving averages on the medium-term chart, indicating that the time to buy is now and that the market is officially bullish, breaking the previous high. A bullish trend is indicated by the HEIUSD’s steady upward trajectory.
Bullish pressure at the previous action’s high value of $0.488 has maintained the price’s upward stability during the most recent buying period.

If the cryptocurrency’s price can hold above the $0.595 high, it may rise toward the higher resistance level amid market turbulence, providing coin purchasers with a favorable entry opportunity.

Hence, the Heima market exhibits greater upside potential as indicated by the daily signal reflecting an upward trend.

As a result, the pair may rise to the $0.0600 upper resistance level in the next days, indicating that the time to buy is now in its medium-term time frame.

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