$HIGH BOUNCES STRONGLY AFTER HITTING LAST POINT OF MAJOR SUPPORT
The existing market fluctuations reveal a strong bullish sentiment. In our evaluation of the buying momentum associated with this altcoin, we will also plan to optimize the execution of buy orders. If the price continues to stay above the recently exceeded minor resistance levels, we may anticipate additional signs of a potential breakout for this altcoin. HIGH has encountered substantial buying orders at its newly created support. Following this, it has chosen to advance with its purchase orders, resulting in a significant rise of 78.97%.
$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.
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Stay wise, trade cautiously.