$HMSTR /USDT Bears Gripping Hard—But Reversal Hints Emerge🤔🔐👇
Current Price: 0.002248 USDT
Timeframe: 1H & 1D
Chart Breakdown:📉
Daily Candle: Strong bearish pressure dominates the chart with multiple rejections from the 0.00248–0.00260 resistance zone.
1H Chart Structure: Price recently printed a Break of Structure (BOS) to the downside followed by consolidation inside a major demand zone.
Support Zone: 0.00218–0.00224 has acted as a reactive demand area multiple times.
Indicators:
Stochastic RSI: Oversold on both 1D and 1H charts (Daily RSI: 80.04/86.00), suggesting a potential bounce.
EMAs: Price is still trading below key moving averages, indicating short-term trend remains bearish until recovery above 0.00233.
Strategy Plan:👨🏫
Long Bias Above 0.00225 Zone
Entry: 0.00224–0.00226
Targets: 0.00233 / 0.00241 / 0.00248
Stop-loss: 0.00218
Risk-Reward: ~1:2.5+
Pro Tip: Wait for a bullish engulfing or strong momentum candle with RSI divergence confirmation to strengthen your conviction.
Why Bullish Possibility?🤔💥
$HMSTR is testing a major historical support with decreasing selling momentum. The Stoch RSI bounce near zero gives early reversal signs.
👨❤️👨"Market doesn’t reward impulse; it respects structure and patience. React, don’t chase."
Disclaimer:⚠️
This is not financial advice. Always DYOR and use proper risk management.