$HIFI price pump🚀🚀holder hold the coin 💥💥#TrumpVsMusk
📉 Price Action
Current Price: $0.0826
24h High: $0.1321
24h Low: $0.0735
24h Drop: -35.22%
A massive red candle indicates a sharp dump from around $0.1321 to $0.0735 — a liquidity flush or panic sell event.
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🔻 Trend
The trend is strongly bearish.
After the major dump, the price tried to consolidate sideways between ~$0.0735 and $0.0835.
No clear signs of recovery yet.
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📊 Indicators
RSI(6) = 17.68 (bottom left):
This shows the asset is in oversold territory (<30), indicating a possible short-term bounce, but not a trend reversal.
Volume:
Very high 24h volume (HIFI) = 168.24M, indicating strong sell pressure during the drop.
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🧠 Conclusion
⚠️ Bearish Bias: Trend is down; sellers are in full control.
🔄 Watch for Support: Closest support is $0.0735 (recent low).
📈 Possible Dead Cat Bounce: Given the low RSI, a short bounce might happen — but likely to be rejected near $0.09–$0.096.
📉 Break Below $0.0735? That would signal further downside and new lows.
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🔎 Strategy Ideas
Scalpers: May look for a quick bounce from oversold RSI.
Swing traders: Wait for confirmation — either a reclaim above $0.096 or a deeper dip to buy.
Risk Management: Use tight stop-loss due to volatility.
Let me know if you'd like support/resistance levels, Fibonacci, or a long-term outlook.