HUT Short-term analysis | Trading and expectations

HUT

🎯 Price jumped back up following my path. Wave 4 of V was indeed complete at the 0.382 Fibonacci retracement and High Volume Node just above the daily 200EMA. The daily R1 pivot has been claimed. The uptrend is well intact.

📈 Daily RSI is showing bearish divergence as price falters

👉 Analysis is invalidated if we close below wave 4, $30

Volatility analysis | Expected range & extremities

🎯 Hut is in the SD+2 overheated zone, where it is expected to spend <5% of the time. Price has a tendency to rally above the SD+3 threshold before being rejected, characteristic of low-cap assets. Price is well above fv, traders should be cautious

👉Fair value is ~$20

Safe trading