POTENTIAL PRICE ACTION OF #HNT AFTER ENCOUNTERING A STRONG RESISTANCE
This month, #HNT continues to encounter significant resistance. What could be the next potential price action?
Nearly a year has passed since HNT began to struggle to overcome its main obstacle. However, this does not imply that HNT will be unable to overcome this obstacle. A potential significant movement in the near future is indicated by the fact that it has held its price above the key resistance that was previously broken in 2023. According to our perspective, HNT might keep moving in a range market structure, bumping off the previously broken major resistance and then moving from the unbroken major resistance to the just established major support. In this sense, it might draw in more customers and raise the price even more.
AFTER STRIKING ITS MAJOR SUPPORT'S LAST POINT OF SELLOFFS, $HIGH BOUNCES SUBSTANTIALLY!
There is a strong bullish mood seen in the current market movements. We also intend to optimize buy order execution as part of our assessment of the buying momentum related to this altcoin. We might expect more indications of a possible breakout for this altcoin if the price stays above the previously breached minor resistance levels. At its recently established support, HIGH has experienced significant buying orders. After that, it decided to move forward with its purchase orders, which led to a notable increase of 78.97%.
Stay wise, trade cautiously.