HIFI CRASHED: Is There A Short Trade Opportunity?
Fundamentally, it looks like the crash was orchestrated by those who received
HIFIUSDT
for holding MFT tokens.
These holders received over 70% of HiFi tokens, so it is surprising that they sold off part of their bags.
We are not going to try and catch the falling knife, rather, we will open short at the right level.
This is my analysis on HIFI, what do you about it? Let me know in the comment box.
If this analysis makes sense to you, follow me now and like my idea.
Cheers!
HIFIUSDT
for holding MFT tokens. These holders received over 70% of HiFi tokens, so it is surprising that they sold off part of their bags.
We are not going to try and catch the falling knife, rather, we will open short at the right level.
This is my analysis on HIFI, what do you about it? Let me know in the comment box.
If this analysis makes sense to you, follow me now and like my idea.
Cheers!
Order cancelled:
It did not a pullback, it was outright capitulation down to $0.8
Watchout
Follow me now