$HEMI – Weak Momentum Near Resistance, Short Opportunity Forming
Trading Plan (Short)
Entry: 0.00710 – 0.00720
SL: 0.00765
TP1: 0.00680
TP2: 0.00652
TP3: 0.00625
$HEMI /USDT is currently trading around 0.00715, struggling near the MA25 resistance at 0.00756 after failing to push toward the recent high at 0.01087. Price shows weak bullish momentum, indicating buyers are losing strength.
On the 1H timeframe, price is forming lower highs near resistance, signaling a potential pullback. Key support zones at 0.00667 (recent low) and 0.00652 (MA99) are critical for managing risk. If price fails to hold above these supports, further downside toward 0.00625 is likely.
This short setup is based on resistance weakness + stalled momentum — a classic short trade unless a strong breakout above 0.00756 occurs.
Trade $HEMI here 👇
