1
The HNT price showcased a double bottom formation and is anticipating an upmove.
2
Buyers have persisted in accumulating the gains and are looking for a pullback.
Helium’s native token (HNT) forms a symmetrical triangle pattern and decisively holds gains above the 20-day EMA mark. Moreover, the token is trying to escape the trendline hurdle of $7.50 to pick the buying momentum. Amidst the market correction, the HNT token did not lose the gains and is maintaining its bullishness.
The Helium (HNT) token price trades in bullish territory and has displayed buying interest in recent sessions. However, the token is well settled for a pullback and is trying to climb above $8. The price action shows a double bottom formation and the token persisted in supporting the upward trendline. The token rebound multiple times from the 50-day EMA signifies that sellers need strong momentum to push the token below it.
The cryptocurrency price was $7.16 at press time, wi
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