$HIFI / Ongoing Bullish Reversal - From the Bottom to Breakout!💯 🔥
Its price has bounced from its recent low of $0.0719 and is now showing signs of a bullish reversal, trading at $0.0775 with the SAR indicator reversing below the candles - indicating a potential change in trend.
Trading volume remains moderate, but the SAR indicator's trend reversal and the bounce from the oversold condition suggest increasing momentum.
A clear breakout above $0.0782 will confirm this bullish trend.
Watch for a candle close above $0.0790 to confirm the continuation of the trend.
Trading Setup (Long):
Entry Zone: $0.0760 - $0.0780
Target 1: $0.0825
Target 2: $0.0880
Stop Loss: $0.0735
Buy and trade here on $HIFI