$HIFI HIFI/USDT 1H Chart Analysis & Trade Suggestion 🟥
🔥 Key Levels:
Support: $0.4251
Resistance: $0.4768
EMA (15): $0.4524
✅ Trade Setup (Short Position Recommended)
Entry Price: $0.4476 (Current Price)
Stop Loss: Above $0.4566 (Next minor resistance)
Take Profit: $0.4339 (Next support level)
🔥 Reason for Short Position:
1. Rejection at $0.4768: Price failed to sustain breakout.
2. Bearish Engulfing Pattern: Indicates potential downside.
3. EMA Resistance: Price dropped below EMA 15, signaling weakness.
🎯 Final Call: SHORT
Enter at $0.4476 with a target of $0.4339 and stop loss above $0.4566.
⚠️ Disclaimer !
This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
#Hifi