$HMSTR has reached a critical level; we'll soon find out if it's a breakout or just a bull trap. After a liquidity sweep, the price quickly reclaimed lost ground, showing clear support from buyers at lower levels, indicating strong demand in the current zone.
Right now, the price is testing the overhead resistance. If we see a volume breakout, it could open up new upside potential; however, if the breakout fails, we might continue to see some sideways action.
The short-term structure looks bullish, so keep an eye on the 0.0001580-0.0001620 range. For targets above, we’re looking at 0.0001720, 0.0001820, and 0.0001950 in succession. In the face of key resistance, let’s be patient and wait for the market to give us the answer.
$HMSTR
Right now, the price is testing the overhead resistance. If we see a volume breakout, it could open up new upside potential; however, if the breakout fails, we might continue to see some sideways action.
The short-term structure looks bullish, so keep an eye on the 0.0001580-0.0001620 range. For targets above, we’re looking at 0.0001720, 0.0001820, and 0.0001950 in succession. In the face of key resistance, let’s be patient and wait for the market to give us the answer.
$HMSTR