$HFT $HYPE $HBAR
🚀 HFT Coin: Is it time to bounce back from the "golden support" area? 📉➡️📈
HFT Coin is currently trading at critical technical levels, where investors are monitoring the price's ability to hold before attempting to break through nearby resistances.
📊 Technical Indicators Analysis (4-hour frame):
Current Price: The price is fluctuating around 0.0263 USDT, with a relative stability leaning toward a slight recovery.
RSI Indicator: It is located in the neutral zone at 39.45, indicating selling pressure but approaching the oversold area that may precede a rebound.
Moving Averages: The price is currently trading below the 200-day moving average, requiring a strong breakout to regain long-term upward momentum.
Technical Momentum: A positive divergence (Bullish Divergence) has been observed in the recent candles, which is a strong signal for a potential price reversal from current areas.
🎯 Vital Watch Levels:
Resistance (Targets): The first target is to break the level of $0.0272, and breaking the barrier of $0.034 with high liquidity may lead to a quick rally of 15-20%.
Support (Safety Valve): The area of $0.0252 is considered the last line of defense; breaking it may open the door for further decline.
Summary: HFT is in a technical "accumulation" area. The protocol's success in burning 50% of the fees (Fee-to-Burn) adds fundamental support for the coin in the long term.