Hut 8 Corp.

HUT downside still to come?

509
HUT has had a great rally finally being subdued by the macro channel upper boundary resistance sending price back to the High Volume Node support on overbought RSI.

RSI has reset to the EQ but has room to fall (or grow again). The next target is the High Volume Node resistance and R4 pivot at $44 with a terminal target of $65

If price loses the support node the next support target is the pivot and wave 1 high $24 and I would look out for a long here if we get it.

Safe trading

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