$HFT USDT 15m Technical Analysis

Price has made a strong upward move from the 0.0456 support level and reached a high near 0.0717

After hitting resistance the price has retraced and is now holding around 0.0550

Support Levels

0.0520 short term support

0.0456 major support

Resistance Levels

0.0600 immediate resistance

0.0717 major resistance

Current Market Condition

The chart shows strong volatility with a sharp pump followed by a correction

If price holds above 0.0520 it can attempt another upward movement

A drop below 0.0520 can send the price back toward 0.0480

Possible TP and SL

Buy Setup

Entry 0.0545

TP1 0.0600

TP2 0.0650

SL 0.0520

Sell Setup

Entry 0.0565

TP1 0.0525

TP2 0.0485

SL 0.0595