$HIFI Echo Breakout Can the Sound Keep Rising❓❓
$HIFI has exploded off a long consolidation base near $0.065, hitting a high of $0.1341 doubling in a matter of days. After the sharp surge, it’s now forming a bullish flag/pennant around $0.1176, suggesting a possible continuation if volume returns.
Long Trade Setup:
• Entry Zone: $0.1150 – $0.1180
• TP1: $0.1260
• TP2: $0.1340
• TP3: $0.1480
• Stop Loss: $0.1040 (below breakout base)
Market Insight:
The parabolic volume spike and recent tokenomics news may keep volatility high. While the warning notes upcoming changes in supply, traders often chase momentum in these conditions. Just be nimble.