🩸 $HIFI /USDT – Breakdown Bloodbath or Bounce Brewing?
📊 Chart: 1H Timeframe
Current Price: $0.0838 (▼-34.79%)
24H High/Low: $0.1327 / $0.0733
MA(20): $0.0840 (price hovering just under it)
📉 Market Behavior:
HIFI got obliterated — plummeting over 44% in a single hourly candle, forming a textbook rug-style dump. Price has stabilized slightly above the $0.0733 low, but there’s minimal volume in the recovery, suggesting hesitation or disbelief from buyers.
📊 Momentum Snapshot:
• MA(20) reclaim attempt is weak
• Volume has dried up post-crash
• Sentiment is split nearly 50/50 in the order book
• Price barely holding above the post-dump base
🧱 Key Levels to Watch:
• Support: $0.0733 (absolute bottom)
• Resistance: $0.0880 → reclaim needed for bulls to breathe
• Major Flip Zone: $0.1020 — above this could change structure
💡 Opinion – Trade Setup Idea:
Scenario 1: High-Risk Bounce Attempt (Long)
• Entry: $0.082–$0.084
• TP1: $0.088
• TP2: $0.098
• SL: $0.072
Scenario 2: Breakdown Continuation (Short)
• Entry: $0.088 rejection zone
• TP1: $0.078
• TP2: $0.073
• SL: $0.093
This is one for the brave — no real strength in the bounce, but tight risk-to-reward plays are available. Any sudden volume spike could trap both sides.
⚠️ DYOR – This is a fragile post-dump zone. Patience and tight risk controls are critical. Avoid chasing unless confirmation builds.
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