$HMSTR /USDT – SELL PRESSURE INTENSIFIES, SUPPORT IN DANGER
$HMSTR has dropped to $0.000709 (-6.0%) after failing to sustain above the $0.000787 high. The chart shows a clear bearish structure with consistent lower highs and strong red candles pushing price down to retest the $0.000704 low, its 24h support. Selling volume spikes confirm bearish dominance, while weak recovery attempts highlight a lack of buying strength. If $0.000704 breaks decisively, further downside could extend toward $0.000690 – $0.000670. Bulls must reclaim $0.000736+ to slow the bearish momentum, but trend pressure remains on the downside.
Short Setup:
Entry: $0.000708 – $0.000720
Target 1: $0.000690
Target 2: $0.000670
Stop Loss: $0.000740
As long as HMSTR trades below $0.000736, the bearish outlook stays intact with risk of deeper retracements.