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HIFI / TetherUS
Long
Updated

HIFI / USDT in consolidation zone heading to break through it

95
HIFI/USDT Analysis:

HIFI/USDT is currently in a consolidation zone and seems to be heading towards a potential breakout. If it breaks through this zone, we could see a good move towards $0.14 soon, assuming the market remains stable.

Bullish Scenario:

Breakout above consolidation zone could trigger a strong move towards $0.14.

Confirmation: Watch for strong volume during the breakout to ensure the move is genuine.

Bearish Scenario:

Failure to Breakout: If the price fails to break through and stays within the consolidation, the setup might remain invalid.

Note:
Current market situation is not looking very strong right now. I hope the correction happens smoothly soon, but if the market remains unstable, this setup could become invalid. Always manage your risk and stay cautious.
Trade active
snapshot

HIFI / USDT has recently broken out from a consolidation zone, signaling a potential uptrend. The price is now in the process of retesting key levels, providing an opportunity for a strong move higher.

Targets:

$0.11

$0.13

$0.15


Keep an eye on price action during the retest; a confirmation could lead to a solid upward move.

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