$HIFI /USDT at Critical Support Levels: Major Breakout or Breakdown Looming! đš
The HIFI/USDT 15-minute chart shows significant price action, with 0.5700 USDT acting as strong support, while 0.6200 USDT is the critical resistance zone. Current price sits at 0.5815 USDT, and traders should prepare for high volatility.
đĄ Support Levels to Watch:
âą Immediate Support: 0.5700 USDT â Price has bounced multiple times off this zone, signaling accumulation and potential buying pressure.
đĄ Resistance Levels:
âą Key Resistance: 0.6200 USDT â A breakout here could spark a bullish rally, with the next target set at 0.6500 USDT.
Entry Strategy:
âą Long Position Entry: Above 0.5850 USDT, targeting 0.6150 USDT with a stop-loss at 0.5700 USDT.
âą Short Position Entry: Below 0.5700 USDT, targeting 0.5500 USDT with a stop-loss at 0.5850 USDT.
Watch for a strong move soonâmomentum is building for either an explosive breakout or sharp pullback!
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