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Is FRGT showing downside potential? Directional Movement Crossover Bearish shows up after plummeting 12.28%

Freight Technologies, Inc. (FRGT) — Nightly Technical Analysis · Aug 6, 2026, 17:48 ET
On Thursday, August 6th, FRGT moved down 12.28% while volume shrunk to 0.6× the usual levels. Directional Movement Crossover Bearish — typically a warning sign for traders — developed during the session. Key support levels exist at 2.74, 2.47 & 2.24, with resistance at 3.24, 3.47 & 3.74.

Current SwingTradeBot Technical Rating of FRGT: F

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