$HIFI
Here is the analysis of the Current Condition:
Current price: 0.1665 USDT
Sharp decline: Down ~36.84% in 24 hours
Nearest support: 0.1459 (lowest in 24 hours)
Nearest resistance: Around 0.1982 (EMA 25) and 0.2296 (EMA 99)
MACD: Negative, indicating bearish momentum
Volume: Increased as the price fell, now tends to decrease
Entry Recommendation (Buy) Area:
Safe Zone (conservative):
Between 0.1460 - 0.1550 USDT
Reason: Approaching support at 0.1459. If the price bounces here and volume increases again, it could be a bounce point.
Medium Risk Zone (quick reversal):
0.1600 - 0.1660 USDT
Suitable if you believe the price will quickly rebound, but the risk is higher if it breaks down support.
Wait for Confirmation:
Watch for bullish candles with large volume or MACD crossover upwards as a confirmation signal before entry.