#HNT STILL FACES ITS MAJOR RESISTANCE THIS MONTH: THE NEXT POSSIBLE PRICE ACTION WILL BE?
It has almost been a year since HNT has been struggling to break through its major resistance. Although, this doesn't mean that HNT will not be able to break out from this predicament. The fact that it has maintained its price on top of the previously broken major resistance last 2023 signifies a possible major movement in the near future. We're looking at it this way; HNT may continue to move in a ranging market structure bumping from the unbroken major resistance to the newly establish major support on top of the previously broken major resistance. In this way, it could potentially attract more buyers to further increase the price.
Stay wise, trade cautiously.
