#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $HIFI /USDT

1. Price: The price has declined significantly from a peak of ~0.1483 to ~0.0733, indicating a strong bearish trend.

2. Bollinger Bands: The price is approaching the lower limit (0.0591), which may signal a possible rebound or continuation of the decline.

3. MACD: Negative DIF (-0.0124) and close to zero MACD (-0.0004) indicate a weak bearish momentum, but without a clear reversal.

4. Stochastic RSI: The level of 13.2945 (low) and the rise signal a possible oversold zone, which may portend a rebound.

5. Volume: The decline in trading volume (from 58.165 million to 12.284 million) accompanies the price decline, which may indicate a decrease in interest.

⚠️Conclusion: The current situation looks bearish with signs of oversold. A rebound is possible in the short term, but the trend remains negative. It is recommended to monitor the level of 0.0733 and the volume for confirmation of further movement.