$HFT is up 81.0% in 24 hours to $0.0182 on $13M volume. This move brings it to the top of its 7-day range, clearing the 0.0141 EMA20.
The last push higher met resistance at 0.0196, a level it tested earlier in the 24-hour window. RSI at 80 signals overbought conditions, but it's hard to call a top when the price is well above the 0.0118 EMA50 and current market mood is Fear.
The desk's read: A sustained break above 0.0196 would confirm continuation. Expect volatility around that level as traders decide if this rally has legs.
What would you watch for a reversal?
$HFT
The last push higher met resistance at 0.0196, a level it tested earlier in the 24-hour window. RSI at 80 signals overbought conditions, but it's hard to call a top when the price is well above the 0.0118 EMA50 and current market mood is Fear.
The desk's read: A sustained break above 0.0196 would confirm continuation. Expect volatility around that level as traders decide if this rally has legs.
What would you watch for a reversal?
$HFT