HNT Ready for a Massive Move or Total Collapse?Yello Paradisers, are you paying attention? Because #HNTUSDT is now at a critical make-or-break level and the next few candles could decide everything.
💎After weeks of downward drift inside a clean descending channel, #HNT has just shown its first real signs of strength. The bounce from the strong demand zone between $1.70 and $1.90 is not random it’s a key zone we’ve been watching since early October. The structure has now shifted from passive to active accumulation, and the market is hinting at a potential breakout.
💎We’re currently trading above $2.25, right inside a mid-range demand zone. If price holds this area and manages to build momentum above $2.40, the door opens for an explosive move towards the minor resistance at $3.15. A successful breakout from this descending channel structure would likely extend the rally even further, with $3.95 standing as the next major resistance and potential profit-taking area.
💎Momentum indicators are flipping. MACD histogram has turned green, and volume is starting to show life again. All eyes are now on how price reacts over the next few days.
💎However, if the market fails to sustain this breakout attempt and slides back below the $2.00 mark, the bullish thesis gets weaker. A breakdown below $1.90 re-exposes the strong demand zone, and if $1.70 fails, invalidation sits at $1.47. Below that, the setup is dead, and we’d be looking at a reset of the entire structure.
This is the exact type of environment where inexperienced traders blow up chasing green candles or panic-selling strong demand. Don’t be that trader.
MyCryptoParadise
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