๐ $HIFI / USDT Short Strategy ๐ป๐
๐ Market Overview
Current Price: ~$0.1580
24h High: $0.1795
24h Low: $0.1608
Trend: Short-term bearish; HIFI is declining from recent highs
Key Resistance: $0.170 ๐ง (recent high), $0.180 ๐ (next major level)
Key Support: $0.150 ๐ก๏ธ (local support), $0.140 ๐ฏ (historical demand)
๐ HIFI is showing signs of decline after a recent peak, indicating potential for downward movement if it fails to hold above key support levels.
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๐ป Entry Now or Pullback Entry ๐๐ช
Zone: $0.165 โ $0.170
Conditions:
โ๏ธ Price fails to break above $0.170 with bearish candlestick patterns ๐ฏ๏ธ
โ๏ธ RSI remains below 50, indicating weakness ๐
โ๏ธ Volume shows distribution near resistance levels ๐
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๐ป Entry Zone 2: Breakdown Trade ๐ฅ๐
Zone: $0.150 โ $0.155
Conditions:
โ๏ธ Breakdown below $0.150 with strong volume surge ๐
โ๏ธ Retest and fail to reclaim $0.150 confirms breakdown ๐
โ๏ธ MACD crossover indicates bearish momentum โก๏ธ
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๐ฏ Profit Targets ๐ฏ๐ธ
TP1: $0.155 ๐ (minor support)
TP2: $0.150 ๐ฅ (strong support zone)
TP3: $0.145 ๐ (stretch target under major demand)
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๐ Stop-Loss ๐ด
Pullback SL: Above $0.175 ๐ซ
Breakdown SL: Above $0.160 ๐ฃ
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๐ Risk Management Tips โ๏ธ๐ก
๐ธ Risk 1โ2% of capital per trade
๐ฏ Stick to 2:1 reward-to-risk setups
๐ก๏ธ Move SL to breakeven after TP1 ๐ช
โณ Avoid overtrading โ wait for clean setups โ
๐ DYOR โ Always do your own research before entering trades. Crypto markets are volatile; protect your capital and trade with discipline. ๐๐ฐ
โ Sell and Trade here on $HIFI