Market Overview: Heima (HEIUSDT) – 24-Hour Technical Review

• Heima (HEIUSDT) closed at 0.3921 after opening at 0.3833 with a 24-hour high of 0.4107.
• A bullish break above 0.4030 was followed by a pullback, showing mixed momentum.
• Bollinger Bands show widening volatility, with price currently near the 20-period lower band.
• Turnover surged in the early morning hours, confirming a key support bounce.
• RSI and MACD indicate a potential oversold condition near 0.3920–0.3925.

Heima (HEIUSDT) opened at 0.3833 on 2025-08-06 12:00 ET and reached a high of 0.4107 before closing at 0.3921 on 2025-08-07 12:00 ET. The 24-hour volume was 11.8M, with total turnover at $4.69M.

Price Structure and Key Levels

The price of Heima followed a sharp bullish surge between 02:30 and 03:00 ET, breaking above 0.4030 and reaching a high of 0.4107. This was followed by a consolidation phase and a retest of key support levels, particularly around 0.3920–0.3930. The 0.3920 level appears to have held as short-term support.

Bullish divergence appears in the last few hours, as lower lows have not been accompanied by lower closes, suggesting buyers are stepping in. A key resistance to watch is 0.4030, with the 0.4080–0.4107 range acting as potential overhead pressure.

Trend and Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both in a bullish alignment, with price recently dipping below the 20-period. The 50-period remains above the 20-period, suggesting an intermediate bullish trend.

For daily framing, the 50-period MA is below the 200-period, indicating a long-term bearish bias despite short-term buying interest.

Momentum and Oscillators

The RSI (14) has dipped into oversold territory, reaching a low of ~32, while the MACD has flattened near zero with a weak positive histogram. This suggests short-term exhaustion in the bearish move and potential for a countertrend bounce.

The recent surge in volume during the morning hours coincided with the price bounce from 0.3920, reinforcing the likelihood of a short-term support hold.

Volatility and Bollinger Bands

Volatility has increased significantly during the early morning session, with the Bollinger Bands widening. Price has since moved near the lower band of the 20-period band, indicating a potential oversold condition. A rebound from here could see price test the midline (0.3970–0.3975) next.

Fibonacci Retracements

Applying Fibonacci to the 0.3822–0.4107 swing shows key retracement levels at 0.3974 (61.8%) and 0.3925 (38.2%). The price is currently near the 38.2% level, which may act as a magnet for buyers attempting to push price higher again. A break below 0.3920 would suggest a retest of earlier levels around 0.3860.

Heima may continue to consolidate around 0.3920–0.3925 in the next 24 hours, with potential for a test of 0.3970 if volume continues to support the rebound. However, a break below 0.3920 could lead to renewed downside risk and retesting of prior supports. Investors should monitor the 0.4030 level for signs of a bearish reversal.