Technical Analysis: $HMSTR/USDT
๐ต Current Price: $0.003464
๐ 24h Low/High: $0.002800 / $0.004491
โ ๏ธ Momentum: Bearish (-22.26% in the last 24 hours), suggesting continued selling pressure.
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๐ Support & Resistance Levels
๐ก๏ธ Immediate Support: $0.002800 (24h Low)
๐ก๏ธ Secondary Support: $0.002500 (Key psychological level)
๐ Immediate Resistance: $0.003800 (Breakout zone)
๐ Strong Resistance: $0.004500 (24h High)
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๐ Trade Setup & Signals
๐ผ Entry Zone: $0.003000 - $0.003200 (Wait for price to stabilize near support levels)
๐ฏ Target Levels:
1๏ธโฃ First Target: $0.003800 (Short-term resistance)
2๏ธโฃ Second Target: $0.004200 (Recovery zone near previous high)
3๏ธโฃ Third Target: $0.004500 (Key breakout level for bullish momentum)
๐ Stop Loss: $0.002600 (Below secondary support to limit downside risk)
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๐ฅ Trade Momentum
๐ Short-Term Momentum: Bearish (Oversold conditions may trigger a short-term bounce).
โ๏ธ Mid-Term Momentum: Consolidation likely between $0.002800 and $0.003800.
๐ Long-Term Momentum: Bullish potential if $0.004500 is broken with volume.
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๐ Recommendation
โก For Scalpers: Trade within the $0.002800-$0.003800 range.
๐ For Swing Traders: Accumulate near $0.003000 and target $0.004200-$0.004500, using a trailing stop loss.
๐ Watch RSI for oversold signals to confirm potential reversals.
