📉 $HMSTR /USDT Slides Deep Into Oversold Zone – Is This the Bottom? 🧠
HMSTR has been on a persistent downtrend, now trading at 0.000800 after hitting a 24H low of 0.000763. Price is hugging the lower Bollinger Band, signaling extreme selling pressure—but also potential for reversal.
📊 Technical Outlook:
• Support Zone: 0.000753 – 0.000763
• Resistance Levels: 0.000843 (mid-band), 0.000933 (upper band)
• Volume: 4.01B HMSTR – high liquidity but with bearish bias
• Trend: Strongly bearish, but showing first green candle in the zone
🎯 Trade Setup (Aggressive Reversal Play):
• Entry: 0.000795 – 0.000810
• Stop Loss: 0.000750
• TP1: 0.000843
• TP2: 0.000895
• TP3: 0.000970
📌 A bounce from this level is possible, but confirmation above 0.000843 is crucial for upside momentum. Risk management is key in high-volatility zones.