$HMSTR Holding the Line! Support Zone Defended Again! š§±š¹
$HMSTR is showing resilience by bouncing repeatedly off the key support zone around $0.00230, as marked by the shaded region on the chart. The 15-minute candles suggest a strong accumulation pattern with buyers defending this level consistently, hinting at a potential upward move if volume picks up.
To confirm a bullish reversal, $HMSTR needs to clear the $0.00232ā$0.00234 range. A breakout here could quickly push price toward new local highs. However, a breakdown below $0.00228 would invalidate the setup and open the door to lower support zones.
Trade Setup: ⢠Entry: $0.00231
⢠TP1: $0.00234
⢠TP2: $0.00238
⢠TP3: $0.00244
⢠SL: $0.00228