🚨 $HFT /USDT ALERT: Testing Resistance – Breakout or Reversal? 🚨
$HFT/USDT is trading at $0.3144, gaining 22.24% over the past 24 hours. With increasing buying pressure, $HFT is approaching critical resistance levels, indicating potential for a breakout or a correction.
Spot Trading Setup:
• Entry Range: $0.3120 - $0.3160
• Target 1: $0.3300
• Target 2: $0.3500
• Target 3: $0.3700
• Stop Loss: $0.3000
Futures Trading Setup:
Long Position:
• Entry: Above $0.3160
• Target 1: $0.3300
• Target 2: $0.3500
• Target 3: $0.3800
• Stop Loss: $0.3050
Short Position (if rejected):
• Entry: Below $0.3000
• Target 1: $0.2850
• Target 2: $0.2700
• Stop Loss: $0.3120
Key Levels to Monitor:
• Resistance: $0.3160 (immediate), $0.3500 (major breakout level).
• Support: $0.3000 (critical holding level), $0.2850 (secondary support).
⚠️ Note: Monitor volume closely for confirmation of a breakout or rejection at key levels. Adjust stop-loss levels based on market conditions to manage risk effectively.
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