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$HIFI Pumps +38% — Reversal In Progress?
$HIFI just flashed a strong green daily candle, jumping over +38% and reclaiming the key $0.13 zone! After weeks in a downtrend, it’s showing signs of a bullish reversal by breaking above short-term resistance and the 7-day moving average.
🔥 What’s Happening?
Price closed above MA7 ($0.1005) — a sign bulls are back.
Major resistance now sits at $0.1570 (99-day MA) — a key level to watch!
Volume is rising, adding strength to the move.
🎯 Next Bull Targets:
$0.1570 — First test of the 99-day MA
$0.2150 — Old support turned resistance
$0.3000 — Breakdown zone from April
🛡️ Support Zones:
$0.1000 — Psychological level + MA7 support
$0.0800 — Previous breakout demand area
✅ If bulls hold above $0.10 with solid volume, HIFI could fly toward $0.2150 and $0.30. Watch for RSI breakouts and stay alert!
⚠️ Always DYOR – This isn’t financial advice. The market moves fast. Trade smart!
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$HIFI on here