HIFI/USDT โ€“ Dead Cat or V-Recovery Setup
๐Ÿ“Š Technical Overview

Current Price: $0.1388

Volume: Very high recent volume spike (~28.75M), signaling possible climax selling or start of repositioning

Support: $0.1200

Resistance: $0.1850 (short-term), $0.2500 (major)


๐Ÿง  Setup Details

Market Structure: Recently had a sharp drop after a rally, with current price attempting to stabilize at prior support zone

Candle Behavior: Long-wick candle followed by small-bodied green candleโ€”suggesting demand is defending the $0.1200 area


๐Ÿ“ Trade Plan

Entry: Break and close above $0.1500

Confirmation Trigger: Daily candle close above $0.1500 with follow-through volume above 20M


๐ŸŽฏ Targets

TP1: $0.1850

TP2: $0.2500

TP3: $0.3100

๐Ÿ›ก๏ธ Stop-Loss

SL: $0.1150 (below recent low and high-volume rejection candle)


๐Ÿ“Œ Signal Summary

Type: V-Recovery or bounce setup

Risk-Reward: ~1:2.2 to 1:4+

Confidence: โญโญโ˜†โ˜†โ˜† (early signs of defense, but still in bearish structure โ€” needs volume confirmation)