$HMSTR /USDT – Freefall in Progress! Oversold or More Pain Ahead? ⚠️
$HMSTR is experiencing a brutal downtrend, currently trading at $0.001216, down 17.50% on the 4H chart. After a steep collapse from $0.002560, the price continues making lower lows with no signs of recovery yet. All moving averages are stacked bearish: MA(7) < MA(25) < MA(99), confirming the dominant sell pressure.
🔍 Technical Breakdown:
Sharp rejection from $0.002560 led to a breakdown through every key support.
Price is now hovering near the 24H low of $0.001192, forming a potential short-term base.
Any bounce will face heavy resistance near $0.00135 and $0.00162 (MA lines).
📊 Trading Guide:
High-Risk Bounce Play (Reversal Potential):
Entry: $0.00118 – $0.00122
TP1: $0.00135
TP2: $0.00150
TP3: $0.00162
Stop Loss: $0.00111
Breakdown Continuation (Trend Following Short):
Entry: $0.00122 – $0.00125
TP1: $0.00110
TP2: $0.00100
Stop Loss: $0.00130
⚠️ Extreme caution advised — this is a highly volatile zone. Wait for a strong volume-based reversal before long entries, or stick to short setups until trend flips.
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