š $HEMI /USDT ā Bullish Reversal in Play! Bounce from Key Support Zone
š¹ Trade Setup (Scalp / Short-Term)
Entry Zone: 0.0570 ā 0.0585
Targets:
šÆ TP1: 0.0605
šÆ TP2: 0.0620
Stop Loss: 0.0535
Risk/Reward Ratio: ā 2.0R
Confidence Level: āļø Moderate (Volume-supported bounce from intraday low)
š Technical Analysis Summary
HEMI/USDT rebounded strongly from the 24H low at 0.0538, reclaiming the 0.0580 zone with notable buying volume.
The MA(5) and MA(7) are turning upward, signaling renewed short-term bullish momentum.
Price is currently consolidating above MA(10) ā establishing potential dynamic support if volume sustains.
The 1H structure shows a developing higher low, indicating the early stages of a possible trend reversal.
Volume surged to 143M HEMI, equivalent to 8.21M USDT, confirming accumulation interest near the lows.
š” Strategy Notes
Designed for short-term scalpers aiming to capture the rebound toward the 0.0620 resistance zone.
Partial profit-taking is recommended near 0.0605 in case of resistance rejection.
A break below 0.0535 invalidates the setup ā exit immediately to protect capital.
Continuation above 0.0620 could open room for a mid-term recovery toward the 0.0650ā0.0660 range if momentum strengthens.
ā Overall Bias: Bullish (Short-Term Reversal Setup)
š Timeframe: 1H (Scalp/Quick Play)
š Outlook: Positive as long as 0.0535 holds