$HEMI — relief bounce from demand, trend still under test
Price: 0.0151
24h Move: +5.59%
Intraday High / Low: 0.0158 / 0.0139
What’s happening
Price reacted strongly from the 0.0139 demand area, printing a clean bounce with rising short-term volume. The move looks like a relief rally after compression, but price is still hovering near key moving averages. Buyers showed intent, yet follow-through above resistance is still needed.
Key Levels
Support: 0.0140 – 0.0143
Minor Support: 0.0135
Resistance: 0.0155 – 0.0158
Major Resistance: 0.0170 – 0.0174
Trend
Neutral to slightly bearish, attempting a short-term recovery. Structure improves only with acceptance above resistance.
Trade Idea (If / Then)
If price holds above 0.0143 and breaks 0.0158 with volume, continuation toward 0.0170+ becomes likely.
If price fails to hold 0.0140, the move may fade back into the 0.0135–0.0139 support zone.
Momentum is improving, but confirmation is key. This is a reaction bounce, not a confirmed trend flip yet.
