The #helium price has recently surged by a substantial 19% overnight, resulting in a notable reversal from a long-standing support trendline.
$HNT appears poised for a new bull run, displaying potential signs of a double-bottom breakout.
Analysis based on Fibonacci levels suggests that the helium could potentially reach the psychologically significant $10 levels.
The Helium price chart highlights a significant bullish engulfing candle, reflecting a robust positive momentum in the market.
#Helium ($HNT) continues to form higher lows and sustains dominance above the 50-day EMA.
In the current context of recovering market conditions, there is a distinct possibility for Helium to surge to a new 52-week high if the existing momentum remains sustained.
According to Coingabbar Analysis, The recovery of the Helium coin is notably characterized by a rounding bottom, signaling a high likelihood of the upward trend continuing.
KEY LEVELS :
RESISTANCE LEVEL : $10.00-$15.00
SUPPORT LEVEL : $4.25-$2.20
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