$HEMI has faced an extreme crash losing more than 80 percent in the last 24 hours The price dropped sharply from 06960 highs to touch 01050 lows and is now holding around 01269 After the fall the chart shows weak consolidation with sellers still in control
Key Levels
Immediate Support Zone 01050 – 01200
Resistance Zone 1 01500
Resistance Zone 2 01900
Trade Setup High Risk Recovery Play
Entry Zone Speculative 01200 – 01300
Stop Loss 01040 below recent low
Take Profit Targets
TP1 01500
TP2 01800
TP3 02200
Signal Insight
The market reflects panic selling yet heavy volume suggests there could be a short term rebound if support at 01050 remains intact Traders may consider this as a high risk scalp or recovery trade but must apply strict stop loss
