Analysis $HFT /USDT shows a strong momentum: over the last 24 hours, the price has increased by 17.8%, reaching $0.1013. The current trend is supported by increased trading volume and bullish RSI divergence, indicating a possible continuation of growth. However, HFT is trading below key EMAs (50, 200), which maintains a bearish backdrop on higher timeframes. On the daily chart, the price is testing the resistance zone of $0.10–$0.11. A breakout could open the way to $0.13–$0.15, but failure to hold above signals a risk of a pullback to support at $0.095–$0.097.
Bullish scenario:
• Entry: $HFT $0.102–$0.105 (upon confirmation of the breakout at $0.11).
• TP: $0.13 / $0.15 / $0.195.
• SL: $0.095 (support).
After reaching the first TP ($0.13), move SL to breakeven. Use 2–3% of the deposit to minimize risks.
Bearish scenario:
• Entry: $0.098–$0.10 (when breaking support at $0.095).
• TP: $0.09 / $0.085.
• SL: $0.105.
Risk no more than 2% of the deposit, move SL to breakeven when moving in your direction.
Output: $HFT at a crossroads. Bulls may push the price to $0.15, but a failure of support will increase selling pressure. Share your thoughts in the comments! Subscribe so you don't miss fresh analytics! 📊 #HFT #Binance #Crypto #Trading Altcoins
