$HFT USDT BEARISH TREND CONTINUES – SHORT THE WEAK RALLY BEFORE FURTHER DUMP
$HFTUSDT is showing a weak bullish reaction after a heavy downtrend but overall structure remains bearish. The current price is $0.1094, slightly up by +2.53%, yet facing strong selling pressure.
🔑 Key Levels:
Resistance: $0.1150 – $0.1200
Support: $0.1038 (24h low), next support near $0.1000 psychological zone
📉 Trade Setup (Short):
Entry Zone: $0.1105 – $0.1130
Targets (TP):
TP1: $0.1060
TP2: $0.1038
TP3: $0.1000
Stop Loss: $0.1155
💡 Market Outlook:
Despite a minor green candle bounce, the market structure remains bearish with lower lows and lower highs on the 1H chart. Sellers are in control unless price reclaims above $0.1150 with strong volume. Caution for quick scalps only.
⚠️ Risk Management:
Use 2-3% of wallet per trade, maintain tight SL, and avoid overleveraging in a trending market to protect your capital.
buy and trade here on $HIFI
🔥 Comment 🛑 if you are shorting this setup!
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buy and trade here on $HIFI