🔴 $HIFI USDT BEARISH REVERSAL – BULLS TRAPPED, SELLERS IN CONTROL!
$HIFI USDT pumped hard with a +33.6% surge, but now it's showing a strong rejection from the $0.1423 resistance, indicating a potential bearish reversal. The 1H chart confirms sellers taking over after the failed breakout.
Key Levels:
Support: $0.1100
Resistance: $0.1437
Current Price: $0.1274
📉 Trade Setup (Short):
Entry Zone: $0.1300 – $0.1340
Targets:
TP1: $0.1200
TP2: $0.1100
Stop Loss: $0.1437
💡 Market Outlook: HIFIUSDT has formed a clear lower high rejection pattern on the hourly chart. Failure to reclaim $0.1340 will keep bearish momentum alive towards deeper retracement targets.
⚠️ Risk Management: Strictly use your SL as volatility is high. Risk only 1-2% per trade to protect capital against sudden spikes.
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