đ $HIFI /USDT Technical Outlook (1D Chart)
HIFI has printed a strong green daily candle, showing a +38% spike and reclaiming the $0.13 zone. Price is attempting a reversal from a long downtrend and has broken above short-term resistance.
Key Observations:
Price flipped above the 7-day MA ($0.1005), indicating renewed bullish momentum.
The next major resistance sits around the 99-day MA at $0.1570, which acts as an inflection point.
đŻ Targets:
Target 1: $0.1570 â Test of the 99-day moving average
Target 2: $0.2150 â Previous support/resistance flip level
Target 3: $0.3000 â Breakdown point from Aprilâs selloff
đĄïž Support Zone:
$0.1000 â psychological round number and recent MA7 support
$0.0800 â local demand area before breakout
If bulls hold $0.10+ with strong volume, we may see a sustained push into Target 2 and beyond. Watch for volume confirmation and RSI breakouts.
â ïž DYOR â Do Your Own Research. This is not financial advice. Markets can be volatile â always trade responsibly!