$HIFI /USDT – Rejection at Local High! Short Trade Setup!
Current Price: $0.1297 (+16.53%)
$HIFI pumped hard but faced strong resistance near $0.1380, followed by sharp selling pressure—signaling a possible local top and correction.
Key Resistance Levels:
$0.1355
$0.1380 (24H High)
Key Support Levels:
$0.1270
$0.1240
$0.1190
Short Trade Setup:
Entry Zone: $0.1295 – $0.1320
TP1: $0.1270
TP2: $0.1240
TP3: $0.1190
Stop Loss: $0.1385
Market Insight:
The recent parabolic move is cooling down with strong upper wick rejections. A retracement to FVG or demand zone is likely in the short term.
Pro Tip:
Wait for breakdown confirmation below $0.1280 before full entry. Avoid chasing if price consolidates above $0.1330.
High R:R short play forming—stay sharp and manage your risk!
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