๐น $HMSTR /USDT (4H) โ "Dead Hamster Bounce" or Base Forming?
Price: $0.000833
Timeframe: 4H
Change: +1.59%
๐ Technical Overview:
MA 7: $0.000805
MA 25: $0.000850
MA 99: $0.001396
Trend Summary:
Still in a brutal downtrend with lower highs and lower lows. Short-term MA 7 just kissed MA 25 from below, hinting at a potential micro-recovery, but the structure remains wrecked.
๐ What Just Happened?
Massive selloff post-hype โ the classic post-launch dump.
Price has been grinding sideways for several days with decreasing volume โ a textbook โcapitulation + silenceโ phase.
Now flirting with a mini bounceโฆ but no clear sign of strong buying yet.
๐ Key Levels:
IndicatorValueNoteLocal Support$0.000790Short-term base zoneResistance 1$0.000900MA 25 testResistance 2$0.001400MA 99 (death cloud)
๐จ Risk vs Reward:
Upside potential: If it closes convincingly above $0.000900, short-term scalps become viable.
Downside risk: Still very high โ if $0.000800 fails, expect a crawl into uncharted territory (or zero).
This chart screams โwait for confirmation.โ Itโs either about to build a bottom or simply pausing before another leg down.
โก Final Take:
Bounce Bias: Weak
Trend Bias: Still bearish
Strategy: Watch for volume surge + MA 25 flip, but donโt jump in blind โ no FOMO in hamster land.
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Markets are unforgiving โ always trade with tight risk control! @Hamster Kombat