$HIFI Trading strategy on the 1-hour timeframe based on current technical indicators and price action:

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1. HIFI / USDT Market Overview:

• Current Market Price: $0.2214

• Trend: Bullish with recent breakout above consolidation

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2. HIFI / USDT Technical Analysis:

• EMA(21): $0.2026 — immediate support

• EMA(50): $0.1884 — secondary support

• EMA(200): $0.1584 — macro support

• MACD: Bullish crossover, early momentum

• RSI(6): 82.49 — overbought

• Stoch RSI: 94.60 — heavily overbought

Supports: $0.2026 (EMA21), $0.1884 (EMA50), $0.1584 (EMA200)

Resistances: $0.2250 (local top), $0.2288 (recent high wick)

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3. $HIFI / USDT Spot Trading Setup:

• Buy Zone: $0.2000–$0.2050 (pullback to EMA21)

• TP1: $0.2250 (previous resistance)

• TP2: $0.2300 (psychological breakout)

• TP3: $0.2450 (measured breakout projection)

• SL: $0.1880 (below EMA50 and structure invalidation)

Best Course of Action:

Wait — Entry after pullback is safer as indicators show overbought condition.

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4. $HIFI / USDT Futures Trading Setup:

• Long Entry: $0.2000–$0.2050

• TP1: $0.2250

• TP2: $0.2300

• TP3: $0.2450

• SL: $0.1880 (structure invalidation)

• Short Entry: Below $0.1880

• TP1: $0.1750

• TP2: $0.1600

• TP3: $0.1500

• SL: $0.2050 (back into bullish zone)

Best Course of Action:

Long — Trend remains bullish, but better entry on retracement to key support.

[Note: “This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.”]