🚨 $HIFI /USDT - Is the Drop Just Starting? Or a Fakeout? 🧐📉

Let’s break down what’s happening with HIFI on the 15min & 1H charts 👇

🕒 1H Chart Insight:

Trend: Early bearish phase ⚠️

MACD: Bearish crossover forming

RSI: 44.52 → weak momentum

Support (Medium): 0.249

Resistance (Strong): 0.260

Volume drying up = buyers stepping away 😶

⏱️ M15 Chart Insight:

Trend: Weak downtrend 📉

BB: Touching lower band → minor rebound possible

RSI: 36.25 → nearly oversold

Support (Strong): 0.249

Resistance (Medium): 0.260

Still no confirmation of reversal. ⚠️

📌 TL;DR:

No solid buy signal yet.

Watch for bounce near 0.249, but trend = still bearish.

Break below = possible deeper correction.

Reclaiming 0.260 = first sign of recovery.

📊 Strong S/R Zones:

🟢 Strong Support: 0.249

🔴 Strong Resistance: 0.260

🟡 Medium Support: 0.2377 (MA99 on H1)

🟡 Medium Resistance: 0.2535 (recent breakdown)

📣 Disclaimer:
This is not financial advice. Always DYOR and manage your risk! 💼⚠️

#Crypto #HIFI #Trading #Altcoins #CryptoAnalysis