$HIPPO/USDT (Perpetual) – Updated Technical Snapshot
- Current Price: 0.002065
- 24h Change: -15.75
- Range:0.002031 (low) to 0.002469 (high)
- Volume: 2.37B HIPPO /5.23M USDT
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Key Technical Indicators:
- Short-Term MA(7): 0.002063 – price is right at short-term support
- Medium MA(25):0.002136 – acting as resistance
- Long MA(99): 0.002256 – strong resistance above
- MACD:
- DIF: -0.000039
- DEA: -0.000036
- MACD Line: -0.000003 – slight bearish divergence
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Analysis Summary:
- Price is hovering at immediate support (MA7) but still under medium and long MAs → suggests downward pressure.
- MACD remains slightly bearish, indicating weak buying momentum.
- Volume is high (nearly 100M), showing strong activity — potentially capitulation or panic selling.
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🔍 *Trade Outlook:*
- Bearish below:0.00214
- Watch support at: 0.00203 → if broken, price may test0.00200 or lower
- Potential rebound zone: 0.00203–0.00206 if volume stabilizes
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Strategy Note:
Short-term traders should *wait for a clear bounce with volume above $0.00214* to consider long positions. Risk remains high while under MA25.
Would you like a potential entry/exit strategy based on this data?#VIRTUALWhales
