Trading Signals $HFT /USDT Bullish Reversal Setup with Rejection at Resistance
$HFT Current Value:
$0.1322
Entry Level (Buy Zone):
$0.1220 – $0.1280
After rejection at the $0.1540 resistance, price is pulling back. A retracement to the $0.1220–$0.1280 area could provide a good risk-reward entry.
Target Points:
Target 1: $0.1400 (minor resistance & recent high)
Target 2: $0.1540 (major resistance / double top zone)
Target 3 (if breakout occurs): $0.1580 – $0.1620 (potential breakout target above previous high)
Stop-Loss:
Below $0.1180
To protect from deeper retracement toward $0.1040 support.
Chart-Based Analysis:
Strong bullish impulse leading up to $0.1540, followed by rejection and sell-off.
Retest failed at resistance forming a potential double top pattern.
Support around $0.1220 seems to be holding so far.
Volume is still significant, which could indicate continuation if support holds.
