HIFI/USDT Just Took a Dive — Is It Cooling Off or Crashing Out?
HIFI had a wild run. It spiked up to $0.32, then dropped like a rock to $0.14, and is now hovering around $0.17 — down over 37% in a single day.
So what happened?
Quick Pump, Then the Dump
It looks like a classic hype move — price shot up fast, probably from momentum buyers or a quick news hit, then got slammed back down as traders rushed to take profits. That big red candle? Never a good sign without follow-up support.
Indicators Are Mixed
RSI is around 49, meaning it’s not oversold or overbought — just kinda stuck.
MACD is turning slightly positive, but not enough to call it a trend change.
Price is still sitting below key EMAs, which usually means the trend is still weak.
Money Flow Tells the Real Story
In the past 24 hours:
More money left than came in — about 13 million USDT more in sells than buys.
Retail traders (small orders) are doing most of the selling.
Big wallets (large orders) are split — some selling, some buying — but no strong conviction either way.
Bottom Line:
HIFI's recent move could be a healthy cooldown after a big breakout — or it could be the start of a deeper pullback. The chart isn’t showing strong buyer energy yet, but it’s also not completely falling apart.
If you're watching this one, the key is patience. Let the trend show itself before rushing in.
Are you eyeing this dip or staying on the sidelines?