Urgent: 🚨 🔥
Quick Analysis of HMSTR/USDT – Are we going to see an upcoming rise or a decline?
Current Price: 0.002340 USDT
Daily Change Percentage: +0.91%
Highest Price in 24 Hours: 0.002457
Lowest Price in 24 Hours: 0.002225
Volume in 24 Hours: 2.20 billion HMSTR
Technical Outlook:
The price is above the MA60 average, indicating an upward trend in the short term.
There was a clear breakout with a sudden increase in trading volume (large red peak), which may indicate partial distribution or entry of speculators.
The coin is still close to the daily high, meaning the upward momentum is not completely over.
Potential Scenarios:
If 0.002457 is broken and maintained above it, we might see a new upward wave towards the 0.002600+ areas.
However, if 0.002300 is broken or the price drops below the MA60 (0.002298), we might witness a correction towards 0.002200 or lower.
Recommendation:
Monitor resistance and support areas.
Buying now has some risks; partial selling may be a wise option for speculators.
Wait for trend confirmation before making major decisions.
Do you think HMSTR still has the momentum to rise? Share your opinion with me!