The recent pullback in $HEMI is healthy. It’s shaking out weak positions and letting the protocol consolidate before the next leg up. I’m watching closely because they’re building strength around key support levels.
Trade Setup:
Entry Zone: $0.92–$0.96 (strong previous support, also a 0.618 retracement of the last swing)
Target 1: $1.05 (first reaction area from previous highs)
Target 2: $1.18 (major resistance, previous supply zone)
Stop Loss: $0.89 (below critical support, invalidates the setup)
This zone is strong because it has acted as support during past corrections and aligns with a key Fibonacci retracement level. If $0.96 holds, we could see buyers stepping in and pushing toward $1.05 and $1.18.
HEMI
0.0338
-3.97%