🟣 $HIFI /USDT: Flat Consolidation—Breakout or Breakdown?
Uboat
Updated at: 8 hours ago
{"content":"🟣 $HIFI /USDT: Flat Consolidation—Breakout or Breakdown?
HIFI is currently trading sideways in a tight range, with price action stuck below the 200 EMA on the 4H chart.
This is a low volatility zone—typically a prelude to a sharp move.
🎯 Targets (if breakout happens):
Target 1: $0.0980
Target 2: $0.1150
Target 3: $0.1350
🛡️ Support Zone:
Main Support: $0.0800
Below $0.0800, risk of further downside increases.
⚙️ Summary:
Accumulation phase—watch for a move above $0.0950 to confirm bullish momentum.
No clear trend yet; patience is key.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!
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