$HIFI /USDT – Bullish Run Losing Steam? Potential Short Setup! 🚨
Current Price: $0.1312 (+17.67%)
$HIFI had an explosive pump but is now struggling to break the $0.1380 level. Price action shows a series of lower highs forming, suggesting weakening momentum.
Key Resistance Levels:
$0.1380 (24H High)
$0.1365
$0.1340
Key Support Levels:
$0.1300
$0.1260
$0.1210
Short Trade Setup:
Entry Zone: $0.1325 – $0.1345
TP1: $0.1300
TP2: $0.1260
TP3: $0.1210
Stop Loss: $0.1385
Market Insight:
After a sharp move up, consolidation and wick rejections near resistance often signal a cooldown. Watch for a lower high and follow-through confirmation.
Pro Tip:
Wait for a bearish engulfing or failed breakout wick before entry. Volume confirmation is key for safer execution.
High-flyer may need a breather—scalp short with precision!
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