$HEMI /USDT : The 4H chart is showing a downtrend, with the price below the major moving averages. On the 1H chart, we are currently testing an important level at 0.01528, but the momentum is weak with the 1H RSI at 40. The activation point is when the price breaks below 0.01517, confirming the continuation of the downtrend. Why now? The daily trend is in a range, not providing strong counter-trend support, and the 1H structure is preparing for a drop. A downward move targeting 0.01462 initially.
The setup can act right now (SHORT)
Entry: market at 0.015171 – 0.015389
TP1: 0.014626
TP2: 0.014408
TP3: 0.013972
SL: 0.015934
HEMIUSDT
Perp
0.01577
+4.02%
