HFT/USDT is approaching a critical descending trend line on the daily chart, indicating a potential shift to a bullish market. The pair has been forming higher lows, suggesting that buyers are gradually absorbing sell pressure. A breakout above this trend line, supported by strong momentum and volume, could mark the start of a significant bullish rally.
On the 15-minute chart, HFT/USDT shows strong short-term bullish momentum, consistently making higher highs and lows. This bullish structure on lower timeframes supports the potential for a breakout on the daily chart. Traders are closely monitoring for a decisive close above the resistance zone, which could signal a trend reversal and open the path for upward movement toward previous resistance levels.
HFT/USDT Nears Key Trend Line, Signals Potential Bullish Breakout
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