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.
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
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚀 Join my Telegram community for free crypto signals, entry/exit points, and real-time market updates!
👉t.me/CryptoPrime18
👉t.me/CryptoPrime18
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.