🔥 🐹 $HMSTR Sliding: Bounce or Deeper Dive?
Recent price action for this crypto shows a significant downward trajectory, with bears currently appearing to have the upper hand. The asset is trading below key moving averages, indicating strong bearish momentum. 📉
📊 Trading Outlook:
➡️ Potential long (with caution & consider leverage): If we witness a decisive reclaim of the 0.002200 zone, a relief bounce towards 0.002400 might be in play for this token.
➡️ Short setup (consider leverage): A sustained break below the immediate support around 0.001850 could open the door for further downside, targeting the 0.001500 area.
Always manage your risk!
⚠️ NFA/DYOR.
