📉 $HFT Bloodbath: Smart Money is Doing THIS Right Now
Hey traders👋, let's look at $HFT:
Current price: $0.0663 (▼3.91%) 24h range: $0.0647 - $0.0701
📊 Current Analysis:
HFT has been struggling to maintain its levels, now down 3.91%. The chart shows sellers are becoming more aggressive near these price levels. Here are the key levels I'm watching:
🔺 Resistance Levels: 1. $0.0676 - Immediate resistance that needs to break for continuation 2. $0.0708 - Stronger resistance that could cap larger moves
🔻 Support Levels: 1. $0.065 - Initial support where buyers might step in 2. $0.0641 - Critical support that must hold for current structure
💡 Trading Considerations:
Patience could be valuable here. Sometimes the best trade is no trade until the picture becomes clearer.
For those considering positions: • Potential entry zone: $0.065-$0.0676 • Stop considerations: Below $0.0641 for longs / above $0.0708 for shorts • Initial targets: $0.0676 then $0.0708 if bullish / $0.065 then $0.0641 if bearish
What's your take on HFT's current setup? Are you: - Seeing opportunities here? - Waiting for more confirmation? - Have a different perspective on these levels?
Let me know in the comments - I always appreciate different viewpoints!
Remember: Markets can change quickly. Always manage your risk accordingly.
#Crypto #Trading #Binance #HFT #Bearish #DYOR
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