Technical Analysis: $HMSTR/USDT
💵 Current Price: $0.003464
📉 24h Low/High: $0.002800 / $0.004491
⚠️ Momentum: Bearish (-22.26% in the last 24 hours), suggesting continued selling pressure.
---
📊 Support & Resistance Levels
🛡️ Immediate Support: $0.002800 (24h Low)
🛡️ Secondary Support: $0.002500 (Key psychological level)
📈 Immediate Resistance: $0.003800 (Breakout zone)
📈 Strong Resistance: $0.004500 (24h High)
---
📋 Trade Setup & Signals
💼 Entry Zone: $0.003000 - $0.003200 (Wait for price to stabilize near support levels)
🎯 Target Levels:
1️⃣ First Target: $0.003800 (Short-term resistance)
2️⃣ Second Target: $0.004200 (Recovery zone near previous high)
3️⃣ Third Target: $0.004500 (Key breakout level for bullish momentum)
🛑 Stop Loss: $0.002600 (Below secondary support to limit downside risk)
---
🔥 Trade Momentum
📉 Short-Term Momentum: Bearish (Oversold conditions may trigger a short-term bounce).
⚖️ Mid-Term Momentum: Consolidation likely between $0.002800 and $0.003800.
🚀 Long-Term Momentum: Bullish potential if $0.004500 is broken with volume.
---
📝 Recommendation
⚡ For Scalpers: Trade within the $0.002800-$0.003800 range.
📈 For Swing Traders: Accumulate near $0.003000 and target $0.004200-$0.004500, using a trailing stop loss.
🔍 Watch RSI for oversold signals to confirm potential reversals.