Here’s a detailed technical summary and trading insight for $HIFI

/USDT (Perpetual Futures)

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🔹 HIFI/USDT – Market Overview

Metric Value

Last Price $0.0887 ⬇️ (-29.83%)

24h High / Low $0.1265 / $0.0733

24h Volume (HIFI) 1.37B

24h Volume (USDT) $120.26M

Mark Price $0.0887

> A massive drop has occurred in the past 24h, but volume is surging, which may hint at either capitulation or setup for a bounce.

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📊 Technical Indicators

Indicator Value Signal

MA (5) 25.34M Downward momentum

MA (10) 26.52M Bearish crossover

Volume High Volatile and aggressive moves

The price is well below short-term moving averages, indicating extreme sell-off conditions.

Often such large moves lead to either a dead cat bounce or base formation.

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🔎 Key Price Zones

📉 Resistance

$0.0963 – Nearest recovery target

$0.1092 – Intraday resistance

$0.1222 → $0.1322 → $0.1352 – Higher resistance band

🛑 Support

$0.0833

$0.0733 – Critical support (24h low)

$0.0703 – Psychological floor; a break here could extend the fall

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✅ Trade Setup Scenarios

🟢 Short-Term Bounce (High-Risk Long)

Entry: $0.087–$0.089

Target 1: $0.096

Target 2: $0.109

Stop-Loss: $0.073 (tight)

> ⚠️ This is a speculative bounce setup. Only attempt if volume supports reversal in smaller timeframes (15m or 1h candles).

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🔴 Bearish Continuation Setup

Short Entry: $0.096–$0.100 (on rejection)

Target: $0.073 → $0.070

Stop-Loss: $0.110

> If there's no sustained bounce and price gets rejected below $0.10, the next leg down could begin.

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🧠 Market Outlook

Extremely oversold, but no confirmation of a bottom yet.

Watch closely for volume spikes + long-tail candles, which may signal a rebound.

Best approach: wait for confirmation before taking a new position—either through a bounce or a continuation breakdown.

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