$HIFI /USDT SHOWS BEARISH SIGNALS – WATCH FOR A POTENTIAL DROP BELOW KEY SUPPORT

Immediate Explanation:

$HIFI/USDT is currently trading at $0.0771, down -2.16%, and showing clear bearish momentum after rejecting a recent 24h high of $0.0859. The price has consistently formed lower highs and is now testing the crucial support zone around $0.0756 – $0.0740. Failure to hold this zone could push the token toward $0.0728 or lower. Volume remains high (98.18M HIFI), but the selling pressure outweighs demand, confirming a bearish bias in the short term.

🔻Trade Setup (Short Entry):

Entry: $0.0765 – $0.0773

Take Profit (TP): $0.0730 / $0.0715

Stop Loss (SL): $0.0795

📉Market Outlook:

The broader trend remains weak for HIFI/USDT, with momentum indicators suggesting downside continuation unless buyers step in strongly at the current support levels. A clean break below $0.0740 would confirm further bearish pressure, while any recovery above $0.0805 is needed to invalidate the short bias.

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