🔴 Critical Updates and Analysis of $HIGH  🔴🔴

HIGH is currently holding the support level at 1.84, which might soon be broken. It has experienced a significant drop of around 83% within just a few days, leading to millions of dollars in liquidations. This rapid decline, especially after reaching its all-time high, has been a cause for concern among investors.

Interestingly, if we look at its performance before the fall, it had increased by more than 450%.

The recent price manipulation and performance have raised suspicions and made this coin a subject of controversy.

Despite the current market conditions, many people still have hope for this coin. It experienced a significant market event when it reached a peak of $9.75, only to undergo a precipitous 83% crash shortly thereafter.

A considerable number of traders initiated long positions between the $5 and $3 price points. These positions are currently underwater, leaving traders in a difficult situation.

At present, the market capitalization stands at $99 million, reflecting its current market value. The coin has retraced its steps back to the level of its previous pump, indicating a potential turning point in its price trajectory.

Based on a comprehensive evaluation of both fundamental and technical factors, it exhibits the potential for price fluctuations within the $3 to $6 range. However, a temporary dip below $1.50 could be a possibility.

Currently, it’s maintaining a bearish trend. For a potential shift towards an upward trajectory, it’s crucial to break the resistance level at $2.20. If it manages to surpass this resistance, it could signal a strong bullish trend. However, it faces a major resistance at $2.82.

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