🔴 Critical Updates of $HIGH 🔴
HIGH is trading at $1.85, down 5.7% from last week. The price has fluctuated between $1.81 and $2.06 over the past seven days, and the current price is at a critical support level. The Relative Strength Index (RSI) indicates an oversold condition, which could suggest a potential for consolidation or rebound.
From a technical perspective, HIGH’s price could oscillate between $3 and $6. However, there’s a risk of it dipping below $1.50 temporarily. A confirmed uptrend would require breaking above the resistance level of $2.20, with a further hurdle at $2.82. Notably, HIGH has seen an over 80% decline from its all-time high (ATH) within a month, mirroring previous patterns. This could imply a shorter duration for recovery if the pattern holds true. Investors should watch for a break above $2.20 to signal a potential reversal of the current downtrend.
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