$HFT /USDT +2.18% – Temporary Bounce, But Below Key Moving Averages
HFT is trading at $0.0702, up +2.18%, but still firmly below its critical moving averages. The token remains in a downtrend, failing to reclaim the MA(7) at $0.0767 and MA(25) at $0.0813, both acting as dynamic resistance zones.
24h Range: $0.0660 – $0.0747
MA(99): $0.0735 — recent rejection near this level signals continued bearish structure
The price is struggling to hold gains, and unless HFT closes above $0.075, upside momentum is likely to fade. The MACD and RSI are likely oversold or flattening, reflecting weak bullish energy.
Key Levels to Watch:
Resistance: $0.0735 → $0.0767 → $0.0813
Support: $0.0660 → $0.0610 → $0.0431
Outlook:
Short-term bounce looks corrective. A daily close above $0.0767 is needed to shift trend sentiment. Otherwise, risk of retesting $0.066 or even $0.043 remains high. Low-volume rallies should be viewed with caution.