$HMSTR USDT BEARISH CONSOLIDATION – SELLERS HOLD THE GROUND
HMSTRUSDT continues to trade in a bearish consolidation on the 1H chart, showing lower highs and lower lows with weak bullish reaction. Sellers remain in control unless buyers can break above key resistance levels soon.
🔑 Key Levels
Resistance: $0.000670 – $0.000675
Support: $0.000640 | major base support at $0.000630
Current Price: $0.000654
📉 Trade Setup (Short Entry)
Entry Zone: $0.000655 – $0.000665
Targets (TP):
➤ TP1: $0.000645
➤ TP2: $0.000640
➤ TP3: $0.000630
Stop Loss: $0.000675
💡 Market Outlook HMSTRUSDT is in a clear downtrend with sellers defending every minor bounce. If price fails to break above $0.000670, the market is likely to continue down towards $0.000630. Only a strong breakout above $0.000675 will invalidate this bearish setup and indicate short-term reversal strength.
⚠️ Risk Management Always risk only 1-2% per trade. Use disciplined stop losses and avoid entering late in extended moves. Stick to your plan and avoid revenge trading during consolidation phases.
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