$HEMI

Hey everyone, taking another look at $HEMI today. It's been consolidating but definitely with a bearish tilt – the price action and flows aren't giving me much reason to get excited on the long side yet.

*Volume vibe:

volume is sitting at around 312M, which is actually pretty high compared to the usual levels. That spike came during the drop from ~0.0169, so it feels more like distribution (big holders unloading) than real buying interest. High volume on the way down is never a great sign.

*Capital flow check:

Contracts are bleeding – -135k net outflow in and a whopping -4.64M over 7 days. Spot had a tiny + inflow today, but over the week it's still negative (-113k). Overall, demand looks soft, and sellers are still in control.

*Price action $HEMI

We're stuck in this range, but the resistance zone around 0.0149-0.0150 looks tough. If we get rejected there, I like shorts. A clean break below 0.0144 (recent low) with some volume would confirm more downside.

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