HUT Uptrend intact

HUT A large bearish engulfing candle at major resistance saw the price drop back into the range. It is now attempting break-out once more.

Price remains in a firm uptrend at major resistance with not much to add.

🎯 Terminal target for the business cycle could see prices as high as $135 based on Fibonacci extensions

📈 Weekly RSI hit overbought and reset back to the EQ.

👉 Analysis is invalidated if we close back below the weekly 200EMA

Safe trading