$HIFI /USDT Technical Report & Trade Setup
Market Overview: HIFI/USDT is currently trading at $0.0769, showing an 8.31% gain in the last 24 hours. Price has touched a high of $0.0774 and a low of $0.0683, indicating strong bullish momentum and increased volatility. Volume is also supporting the move with over 20 million HIFI traded, signaling interest from active traders.
Technical Outlook:
The price has broken above key resistance at $0.0738, flipping it into new support.
If bulls maintain this momentum, the next resistance lies around $0.0805 – $0.0830 zone.
Immediate support rests near $0.0738, with a stronger base at $0.0681.
Trade Setup:
Entry Zone: $0.0745 – $0.0765 (wait for minor pullback or confirmation candle above $0.0770)
Target 1 (TP1): $0.0805
Target 2 (TP2): $0.0830
Target 3 (TP3): $0.0885 (only if strong continuation)
Stop Loss: Below $0.0710 (to avoid fakeouts or reversal risks)
Next Move Prediction: Given the breakout and healthy trading volume, HIFI/USDT is looking bullish in the short term. If it holds above $0.0738, we can expect a continuation toward the $0.0800+ range. However, failure to stay above $0.0738 may lead to a pullback to the $0.0690 area.
Note: Always monitor price action around entry levels and manage risk according to your trading plan.
Trade here on $HIFI