Deal with the #HIFI Market with caution 🚨.



The price of $HIFI is $0.11312 (+2.02%) and the volume in the past 24 hours is $31.3M, showing a little increase today.





Critical Ratios:



Not only is the RSI_14 at 0, but the oversold signal is also still active.



Rate of Funding: 0.0748% ❡️



The activity increase, represented by volume Δ, is 210%.



As bearish pressure remains, the EMA50 and EMA100 are also falling.



RSI_BTC: 57.96, around the median



Conclusion: The large volume rise and short-term positive momentum suggest that buyers are challenging support levels, regardless of how solid the EMA is. Be on the lookout for any breakouts or pullbacks at the present levels.