Based on the daily chart (HNT/USDT), price is still inside a long-term descending channel, but we just saw a strong rebound from the $0.70–$0.80 demand zone with rising volume and bullish momentum (RSI recovery + positive MACD crossover). However, price is approaching mid-channel resistance.
📌 Personal Long-Term Idea (Opinion Only)
🟢 Bullish Scenario (Breakout Play)
Buy only if daily close above $1.65 – $1.70 (channel breakout confirmation)
🎯 TP1: $1.95
🎯 TP2: $2.50 – $2.80
🛑 SL: Below $1.30
🔴 Conservative Scenario (Rejection at Resistance)
If price fails at $1.65 and shows weakness:
Sell toward $1.00 – $0.80 support
🛑 SL: Above $1.75
Momentum is improving, but the macro trend is still technically bearish until a confirmed breakout.
⚠️ This is just my personal opinion, not financial advice. Always manage your risk and do your own research.
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