HIFI/USDT has seen a sharp drop of nearly 29% in the last 24 hours, bringing the price down to $0.1689. This follows a broader downtrend of -58% over 90 days and -78% over the past year. Despite the recent dip, buying pressure (85%) currently outweighs selling (15%), hinting at a potential short-term bounce.
Advice:
Short-Term Traders: Look for volatility opportunities, but set tight stop-losses. Momentum plays may emerge if volume surges.
Long-Term Investors: Exercise caution. The long-term trend is bearish. Consider waiting for signs of a confirmed reversal or fundamental news before entering.
General Tip: Never invest more than you can afford to lose—especially in highly volatile, down-trending assets.
Stay disciplined, manage risk, and don’t chase the pump.
