🔥 $HMSTR
| Price Outlook: Can it Reach $0.5 or $1? 📊
I’m seeing HMSTR in a steady accumulation phase, which tells me there’s potential for a strong upward move if market conditions stay favorable. Key support is around $0.20, while immediate resistance sits near $0.35. A decisive break above $0.35 could pave the way toward $0.50, and in the long term, a further bullish surge might even test $1.
Trade Setup (Long):
Entry Zone: $0.22 – $0.25 (near support and accumulation area)
Take Profit:
TP1: $0.50
TP2: $1
Stop Loss: $0.18
Why this works: I’m entering near strong support where accumulation has been occurring. This increases the probability of a bounce if buying pressure strengthens. TP1 aligns with the next major resistance, while TP2 is a long-term target if momentum continues. The stop at $0.18 protects capital in case support fails.
Market Insight:
Trend: Potential bullish setup
Strong accumulation at support
Watch for volume spikes for confirmation
Market sentiment will be key for a sustained breakout
I’m watching HMSTR closely and will trade only if these levels hold and the market confirms bullish momentum.
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