🔻 $HIFI is having a pretty tough day today.

Right now, the price is at 0.1322, down almost 11%. That’s quite a drop, and you can see it clearly on the chart it went from a high around 0.1554 and has been falling since then.

What’s interesting is that it’s still above the last strong bounce zone near 0.1145. Earlier, when it dipped there, buyers stepped in and pushed it back up. If it stays above that area again, it might mean people are still confident and we could see some recovery.

But if it breaks below that, then maybe more sellers will come in. This is pretty common after a sharp move up the market likes to test support levels before deciding if it wants to climb again.

Overall, looks a bit weak today, but crypto changes fast. Watching to see if it can hold this range or if it needs to go lower to find stronger buyers.

Just my personal view — not advice, just sharing what I notice. 💛