🔥 $HIFI

USDT BEARISH REVERSAL – BULLS LOSING CONTROL? 🧐

$HIFIUSDT showed strong upward momentum earlier but is now displaying a clear bearish reversal pattern on the 1h chart as it fails to sustain above the recent high.

🔑 Key Levels:

Support: $0.1372 (24h low)

Immediate Support Zone: $0.1400

Resistance: $0.1536 – $0.1554 (24h high zone)

Current Price: $0.1422

📉 Trade Setup (Short):

Entry Zone: $0.1420 – $0.1435 (on minor pullbacks)

Targets:

TP1: $0.1400

TP2: $0.1375

TP3: $0.1350 (extended target if selling pressure increases)

Stop Loss: $0.1460 (above recent lower high)

🌐 Market Outlook:

HIFI failed to hold its intraday gains and is forming lower highs with strong bearish candles. Momentum has shifted towards sellers, and continuation to support zones is likely if it remains below $0.1450.

⚠️ Risk Management:

Maintain strict SL placement to manage volatility. Risk only 1-2% per trade and avoid revenge trading during intraday reversals.l

💡 Comment 🔻 if you’re watching this bearish setup unfold!

#HIFI #CryptoSignals #BearishReversal #AltcoinTrading #TechnicalAnalysis

buy and trade here on $HIFI