$HIFI Long Liquidation Alert
A liquidation of $1.3338K happened at $0.61922, indicating selling pressure and weakness among buyers.
Coin Overview:
Symbol: $HIFI
Current Status: Bearish momentum with long positions under pressure.
Market Sentiment: Sellers dominating near $0.62.
Next Move:
Price could dip toward the support level if selling continues.
A bounce might occur if buyers regain control near support.
Support and Resistance:
Support Level: $0.60
Resistance Level: $0.65
Recommendation:
For Traders: Wait for a bounce near $0.60 before entering a buy.
For Sellers: Consider selling if price stays below $0.62 or fails to break $0.65.
Risk Note: Be cautious of sharp moves in either direction.
Keep an eye on $0.60 for strong buying or further breakdown!