$HIFI/USDT – Positioned for a Breakout Above the $0.2750 Resistance Zone
#Hifi is showing promising momentum as it steadily climbs toward a key resistance level. Following a series of higher lows, the asset is consolidating within a bullish wedge formation—suggesting bulls may soon attempt a breakout.
Market Overview:
Current Price: $0.2723
24H Performance: +0.74%
Price Range: $0.2550 – $0.2790
Momentum: Gradually increasing bullish pressure
Technical Analysis:
Price action displays a clean structure, with consistent higher lows and bullish wicks—indicating strong buyer presence. A decisive break above the $0.2750 level could accelerate upward movement as resistance weakens.
Trade Setup:
Entry Range: $0.2700 – $0.2730
Target 1 (TP1): $0.2820
Target 2 (TP2): $0.2950
Final Target (TP3): $0.3120
Stop Loss: $0.2640
Pro Tip:
Wait for confirmation with a 15-minute candle close above $0.2760, ideally accompanied by rising volume, to validate the breakout.
Trade HIFI on your preferred exchange and monitor closely for momentum continuation.