HNT finds itself at the top of a parallel channel that is in play since something around July.
I don’t see it breaking upwards, since the current narrative is gaming/metaverse right now, and all the capital is moving to those projects.
Opened a short, the plan is to unload my initial capital slightly above the previous ATH (mainly because i acknowledge the fact that this is a strong coin regardless of the narrative right now) and let the rest ride to the $25 level if it does drop.
Good luck!
I don’t see it breaking upwards, since the current narrative is gaming/metaverse right now, and all the capital is moving to those projects.
Opened a short, the plan is to unload my initial capital slightly above the previous ATH (mainly because i acknowledge the fact that this is a strong coin regardless of the narrative right now) and let the rest ride to the $25 level if it does drop.
Good luck!