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🔻 $HIFI USDT BEARISH BREAKDOWN – SELLERS CONTROL AS SUPPORT STRUGGLES
The current price of $HIFIUSDT is $0.1262, down -10.37% today, showing strong bearish momentum after a failed attempt to hold above $0.1300. Price has formed lower highs after the recent spike, indicating weakening buyer strength.
📊 Key Levels:
Resistance: $0.1300 – $0.1414 (recent high)
Support: $0.1216 (24h low), $0.1100 (psychological & structure support)
Current Price: $0.1262
🎯 Trade Setup (Short Entry):
Entry: $0.1260 – $0.1280
Take Profit: TP1 $0.1216, TP2 $0.1150, TP3 $0.1100
Stop Loss: $0.1320
🌐 Market Outlook: HIFIUSDT remains under bearish pressure with lower highs and a rejection at resistance zones. Break below $0.1216 could accelerate downside towards the $0.1100 psychological support. Caution advised on sudden wicks due to its volatile nature.
⚠️ Risk Management: Use proper position sizing, maintain SL discipline, and avoid over-leveraging in such volatile setups to protect your capital from unexpected reversals.
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💬 Comment 🔻 if you’re watching $HIFIUSDT for a short opportunity today.
buy and trade here on $HIFI