$HIFI
๐ HIFI/USDT โ 1H Chart Signal
Exchange: Binance
Setup: Downtrend breakout โ retesting former resistance as support
๐ฐ Price: 0.1130
๐ Trend: Shift from bearish to potential bullish reversal
๐งญ Structure: Broke descending trendline with a base forming above it
๐ฅ Entry Zone (Long):
0.112 โ 0.114
Confirmed breakout with consolidation; entry on retest or continuation
๐ฏ Targets:
TP1: 0.117
TP2: 0.122
TP3: 0.128 (former supply zone)
๐ Stop-Loss:
0.1095 (below trendline and local support)
โ๏ธ Risk:Reward: ~2.5:1 to TP2
๐ Bearish Flip:
Drop below 0.109 + rejection from trendline would signal a failed breakout
๐ Note: Clean breakout of the downtrend resistance โ solid volume follow-up and price stability above trendline support is key for continuation.