$HMSTR /USDT – Shorts Getting Squeezed!
Short Liquidation: $1,052 at $0.00238
HMSTR just saw over $1K in short positions liquidated as price jumped to $0.00238. This means bears betting against $HMSTR got caught off guard, and buyers are stepping in strong.
📊 Trade Setup:
Entry Zone: $0.00230 – $0.00238
TP1: $0.00250
TP2: $0.00265
TP3: $0.00280
Stop Loss: $0.00220
📍 Key Levels:
Resistance: $0.00250 (next target)
Support: $0.00215
24H Range: $0.00210 – $0.00250
📈 Market Insight:
The short liquidation at $0.00238 shows sellers were caught overleveraged.
This kind of move often leads to a short squeeze, pushing price higher quickly as shorts cover their positions.
If price holds above this liquidation level with solid volume, $HMSTR could gain momentum toward the next resistance at $0.00250.
💡 Pro Tip:
Wait for a clear hold or retest of $0.00238 before entering to avoid fakeouts.
Trail stops after TP1 to protect gains while allowing for a possible run-up.