Future of Hamster Coin: Will the Meme Madness Continue or Crash? #BinanceAlphaAlert
Current Price: $0.002632 (+2.06%)
Overview:
Hamster Coin (HMSTR) continues its slow climb after bottoming near $0.00186, currently holding above the 99 MA ($0.002376). Price faced rejection at $0.002926 and is now consolidating near key short-term MAs.
Support Levels:
$0.002511 (short-term)
$0.002276 (strong base)
Resistance Levels:
$0.002745 (immediate)
$0.002926 (previous high)
Indicators:
MACD: Bearish crossover forming – short-term caution
RSI: Neutral zone at 50.29 – not overbought/oversold
Volume: Decreasing – less buyer strength
Trading Strategy:
Entry: Re-entry possible on bounce from $0.00251 support
Exit: Watch for resistance at $0.00292 – potential double top
Risk Management: SL below $0.00227
Future Prediction:
If volume returns and it holds above the 99 MA, HMSTR could retest $0.00292 and possibly break into the $0.003+ zone. But failure to hold $0.00251 might invite sellers back.
Disclaimer: DYOR. This is not financial advice. Market is highly volatile.