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🚨 $HIFI /USDT Breakout in Progress — Is the Downtrend Fina

CryptoPotato

Updated at: 10 hours ago

{"content":"🚨 $HIFI /USDT Breakout in Progress — Is the Downtrend Finally Over? 🕐 Timeframe: 1D | 📈 Current Price: $0.1085 | 📈 Change: +20.42% 🧠 Technical Insight After months of brutal decline, HIFI has shown signs of life with a strong green daily candle, pushing above both the 7-day and 25-day moving averages for the first time in weeks. This is a potential trend reversal signal from a severely oversold region. ✅ MA7 crossed MA25 from below — early bullish momentum ✅ Strong volume on breakout candle ✅ Long base built at ~$0.08 suggests strong accumulation 🛡️ Currently trading below the 99 MA ($0.1640), which will act as the next resistance 🎯 Target Levels Ahead 1️⃣ Target 1: $0.1450 Previous mini support in April Just below 99-day MA (watch this level closely) 2️⃣ Target 2: $0.2100 Major resistance from March breakdown Likely to be the “profit-taking” zone for early bulls 3️⃣ Target 3: $0.3000 - $0.3400 Clean horizontal resistance from October 2023 Full recovery leg if trend flips bullish mid-term 🛑 Suggested Stop-Loss: Below $0.085 (last consolidation zone) Tighter: $0.095 (just below current breakout range) 🧨 Conclusion: This breakout has the early structure of a trend reversal. HIFI’s extended downtrend might be coming to an end, especially if volume continues and it reclaims the $0.145 level. One good candle doesn't confirm a bull market, but this is how they start. Stay sharp, bulls might just be tuning up for a comeback. ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/24/54882d2cb3254a5b977573d7b2c826eb.png"],"tags":[],"tradingPairs":["HIFI/USDT"],"quotearticleid":0}

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