Yesterday we saw a huge sell off across the market, seeing a higher impact on alt coins. HOT dropped below its previous .618 support level at around $.0135, dipping down to it's .786 retracement level at around $.0009, and then finally shooting back up to the .618 level. The strong rally from its .786 to .618 retracement level shows a decently strong support at .786 level. HOT is currently trading on the higher end of this .618-.786 channel, and will most likely run sideways within this channel for the time being. Some things to look out for are how BTC will respond to $47.5k and $44k. If we BTC drops below $47.5k/$48k, we could see another panic sell, and HOT could drop back down to test the .786 support level again. If BTC rallies to $52k, we could see HOT break through it's .618 resistance, but I wouldn't count on that .618 level becoming HOT's new support. This is just my personal opinion, not financial advice. Trade safe.