š $HIFI /USDT ā Resistance Slammed, Bulls Lose Grip
$HIFI surged to $0.0853 but faced a sharp rejection at major resistance. Price is now trading below $0.0800 and forming lower highs, signaling weakness in bullish momentum. The bearish pressure is increasing as support around $0.0760 is being tested again.
š Trade Setup (Short Idea):
ā¢ Entry Zone: $0.0760 ā $0.0770
ā¢ Take Profit 1: $0.0735
ā¢ Take Profit 2: $0.0710
ā¢ Take Profit 3: $0.0680
ā¢ Stop Loss: $0.0805
ā ļø Watch for a breakdown below $0.0755 for confirmation. Recovery is unlikely unless $0.0800 is reclaimed with volume.
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