$HFT is currently positioned in a bearish market structure, trading at 0.0667 USDT, just above its support level of 0.0654 USDT. With an RSI of 41.97, there's potential for a pullback entry if it holds above support, offering a favorable risk-reward ratio to target resistance at 0.0722 USDT. However, keep an eye on Bitcoin's volatility and macroeconomic factors that could destabilize price movements, posing risks to the trade.
