Market Overview: Hifi Finance (HIFIUSDT) 24-Hour Technical Summary

• Hifi Finance consolidates near key support at 0.0805–0.0808 after a sharp intraday pullback.
• Bullish momentum reemerged after 04:00 ET with a 1.5% rally to 0.0833, suggesting short-term buyers.
• Volatility expanded post-02:45 ET, with Bollinger Bands widening and RSI dipping into oversold territory.
• Volume spiked over 500,000 at 19:15 ET and again at 02:45 ET, confirming bearish and bullish pivots respectively.
• 0.0815–0.0817 appears to be a critical pivot level for near-term direction.

Hifi Finance (HIFIUSDT) opened at 0.0808 on 2025-07-30 12:00 ET, reached a high of 0.0833, a low of 0.0787, and closed at 0.0825 on 2025-07-31 12:00 ET. Total volume was ~10.5 million, with notional turnover of ~$850,000 over the 24-hour window.

Structure & Formations

Price action revealed a bearish breakdown from 0.0815–0.0817 between 19:00 and 20:15 ET, followed by a bullish rebound off 0.0805–0.0808. A bullish engulfing pattern formed at 02:45 ET, suggesting short-term buyers. A doji at 05:15 ET hinted at indecision as the rally stalled. Key support levels include 0.0805, 0.0801, and 0.0795, while resistance remains at 0.0825, 0.0833, and 0.0840.

Moving Averages

On the 15-minute chart, price traded above the 20-period and 50-period SMAs after 02:45 ET, confirming a short-term bullish bias. On the daily chart, the 50-period SMA sits at ~0.0812, acting as a key pivot. A cross above 0.0825 may trigger a test of the 100-period SMA at ~0.0828.

MACD & RSI

MACD turned positive after 02:45 ET, with a bullish histogram expansion accompanying the 0.0833 high. RSI dipped to 28 in the early hours, signaling oversold conditions, and later reached 55–58 during the rally. A close above 0.0825 may push RSI toward overbought territory (~65), suggesting caution ahead.

Bollinger Bands

Volatility expanded sharply between 02:45 and 05:00 ET, with the 20-period Bollinger Band widening from ~0.0006 to ~0.0015. Price traded near the upper band during the 02:45–03:45 ET rally and then fell into the lower band at 05:15 ET. A sustained move above the upper band may confirm a bullish breakout.

Volume & Turnover

Volume spiked above 500,000 at 19:15 ET and again at 02:45 ET, confirming key bearish and bullish pivots. Notional turnover mirrored volume spikes, with $150,000 and $200,000 traded during those sessions, respectively. Divergence occurred between 05:15 and 06:00 ET, as price declined but volume remained muted, suggesting weak bearish conviction.

Fibonacci Retracements

Applying Fibonacci to the 19:15–02:45 ET swing, 0.0805 aligns with 38.2%, and 0.0801 with 61.8%. Price bounced off both levels, suggesting strong near-term support. On the daily chart, 0.0825 and 0.0833 correspond to 38.2% and 61.8% retracements of the prior week’s decline, indicating potential resistance ahead.

Price may test 0.0825–0.0830 over the next 24 hours, with a breakout above 0.0833 likely to trigger a 0.0840 target. However, a pullback below 0.0815 could reignite bearish momentum toward 0.0805 and 0.0801. Investors should remain cautious of potential volatility and divergence in the short term.