$HFT /USDT Eyes Bullish Bounce After Sharp Dip
HFT plunged nearly 19% to $0.1058 but shows promising signs of a bullish reversal if key levels hold.
Trading near the oversold zone around $0.0868 with heavy volume (457M HFT) suggests capitulation may be ending.
If the DeFi sector rebounds, HFT could see a sharp V-shaped recovery, especially if it breaks above immediate resistance between $0.1100 and $0.1200.
Targets include $0.1300 and $0.1400 for a full recovery. However, holding support between $0.0868 and $0.1000 is critical to avoid further decline.
This setup offers a high-risk, high-reward opportunity with potential 10–30% gains, but traders should use tight stops below $0.1000 and closely watch broader market trends.