The native token of the Helium Network, HNT, is showing potential for an upside rally as it has formed a bullish price pattern on the daily timeframe. While other cryptocurrencies are struggling, HNT has gained 30% in value recently. If HNT can break through a crucial resistance level at $9.5 and close above $9.85, there is a strong possibility it could reach $12 in the near future, a 22% increase. The relative strength index suggests there is room for further upward movement. On-chain metrics also support HNT's bullish outlook, with an increase in futures open interest indicating traders' confidence. Currently, HNT is trading near $9.47 with a 13.10% price jump in the past 24 hours and increased trading volume.



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