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 a short-term upward trend.
There was a clear breakout with a sudden increase in trading volume (large red peak), which may indicate partial profit-taking or the entry of speculators.
The currency is still close to the daily high, which means the upward momentum hasn't completely ended.
Possible Scenarios:
If 0.002457 is broken and sustained 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 MA60 (0.002298), we might witness a correction towards 0.002200 or lower.
Recommendation:
Watch the resistance and support areas.
Buying now carries some risk; partial selling may be a wise option for speculators.
Wait for confirmation of the trend before making significant decisions.
Do you think HMSTR still has the momentum to rise? Share your opinion!