$HFT Topping Out or Gearing Up for a Breakout?
HFT just retested the $0.0835 resistance after a steady rebound, forming a potential double top pattern. Bulls are attempting to hold above key intraday levels — but the next move depends on how price behaves around this ceiling.
Key Levels to Watch
Resistance Zones:
• $0.0835 – Intraday rejection zone
• $0.0845 – Breakout extension target
Support Zones:
• $0.0820 – Mid-support level
• $0.0810 – Prior breakout base
Trade Setup
Bullish Case: Holding above $0.0826 could open room for a fresh leg upward.
Target 1: $0.0845
Target 2: $0.0860
Target 3: $0.0885
Bearish Case: If price slips below $0.0810, selling pressure may accelerate into the $0.0795 zone.
Momentum is building — a clean break above $0.0835 with volume may trigger a fast move.