HNT Technical Analysis In 2-Day Timeframe

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Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

HNT showed a decent breakout and rally, but due to the recent market correction, it is experiencing rejection as well.

If the market rejects further, HNT will also face further rejection, potentially reaching as low as $3.8, where there is good support.

A rebound can be expected from the support level, potentially rallying toward the local high of $11.

Key levels:

- Primary Support/Entry: $3.83
- Lower Support: $2.88
- Target: $8-$11.

DYOR. NFA.

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