#HNT 4-hour level has formed a descending channel

The current price is at the lower edge of the descending channel, which is also a strong support level

So one can consider going long on a rebound

However, it is advisable to place orders at a higher entry point to prevent false breakouts

An effective break below the support and the lower edge of the channel means stop loss

tp1 can be set at 62, reduce position and adjust stop loss

Light position! The risk is very high, everyone should decide whether to open a position