Around 4 weeks ago I made an analysis on HNT. In the analysis below I noted that there was potentially more downside to this token. I expected the bottom support trend line to offer strong support and potentially cause a bounce.
The support held strong. This might be the catalyst for another long-term bullish uptrend, but it would be too soon to call for that. The markets are still a little chaotic, so I want to keep my targets closer. $30 and $35 and my targets for the coming weeks.