In our previous HNT update, we anticipated a potential rejection at the $3.80 support, followed by a rebound towards $11.
Well, it happened! HNT dropped as low as $3.46 before making a sharp recovery, surging up to $8.67—a remarkable 150% rally.
Currently, it's holding strong at the 21 EMA and aiming for $11 again. However, if it fails to hold this support, we could see a correction down to the $5 level.
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