HELIUM Price Prediction, Correction Make U Turn or Extend its Journey

Rounding bottom shapes HELIUM current recovery trend.

• According to Coingabbar Technical Analysis, Helium coin's recovery is characterized by a rounding bottom, signaling a likely continuation of the trend.

• The recovery phase began in November, with a rebound from the $4.2 mark.

• On December 23rd, a long-tail rejection candle emerged, indicating ongoing buyer accumulation during market dips.

• A healthy retracement in Helium's price contributes to the overall bullish trend outlook.

• A significant breakthrough occurred as the coin surpassed a crucial resistance level at $3.8, marking the end of a year-long accumulation phase.

• Bouncing back from the last swing low of $4, Helium's price has surged by an impressive 115%, reaching the current trading price of $8.43.

• A recent breakout from the $8.2 resistance level positions buyers for a higher recovery target of $10.

KEY LEVELS :

RESISTANCE LEVEL : $7.60-$7.90

SUPPORT LEVEL : $6.95-$6.60

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