$HIFI /USDT short trade signal 🚦 🛑
BEARS SHOW STRENGTH AS UPTREND FACES REJECTION!
After a solid move upward, $HIFI /USDT faced rejection just below $0.2712 and is now pulling back with increased bearish pressure. The sharp wick to the downside and failed retest of the breakout zone signal potential short-term weakness, as sellers are stepping in around resistance.
Trade Setup (Short):
Entry: $0.2580 - $0.2600
Take-Profit Targets: $0.2500 / $0.2440
Stop-Loss: $0.2660
Market Outlook:
HIFI has gained strong momentum in recent weeks but is now showing signs of exhaustion at the top. If it loses the $0.2550 support zone, further downside is likely. Volume and rejection candles confirm the bearish pressure. Short-term traders should watch for continuation confirmation before adding size.
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