$HMSTR Trade Setup – Bullish Continuation Targeting $0.003250
Current Price: $0.002870
24H Range: Low: $0.002578 | High: $0.002922
Trend: Short-term bullish with consolidation around highs.
Market Overview:
$HMSTR delivered a strong impulse move from $0.002582 to $0.002922, signaling a breakout backed by momentum. Price is currently consolidating just below the local high, which often precedes a second leg up if support holds.
- MA(7) is currently above MA(25) and MA(99), reflecting short-term strength.
- The price is holding just above the MA(25) at $0.002854 — a key short-term support level.
- There was a notable volume spike during the initial move, and volume remains relatively steady — suggesting buyer presence is intact.
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Trade Plan:
Entry Zone:
- $0.002850 – $0.002900 (ideal area to buy during consolidation or dip)
Targets:
- TP1: $0.003050
- TP2: $0.003150
- Final Target: $0.003250
Stop-Loss:
- Below $0.002750
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Strategy Notes:
- As long as $0.002750 holds, the uptrend remains intact.
- Watch for a breakout above $0.002922 for momentum continuation.
- RSI suggests further upside is possible without overheating the market.
- Consider scaling out at target levels to lock in profits and reduce risk.
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Conclusion: $HMSTR looks primed for another move up if consolidation resolves bullishly. Manage your entries, stay patient, and let the trend guide your exits.
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