I’m watching $HEMI
as it’s attempting a breakout after a long consolidation between 0.0139–0.0150. A recent spike toward 0.0158 shows bullish momentum building, and increasing volume along with the breakout from the sideways range makes this a good short-term trade opportunity. A clean close above 0.0156 can trigger more upside.
Trade Plan:
Entry Zone: 0.0145 – 0.0150
Target Points:
TP1: 0.0158
TP2: 0.0168
TP3: 0.0180
Stop Loss: 0.0127
Why this setup works:
$HEMI has been consolidating for a while, forming a strong base. The breakout attempt combined with rising volume suggests buyers are stepping in. Entering near the breakout zone gives a favorable risk-reward ratio. The targets are based on previous resistance levels where price may face selling pressure. Keeping the stop at 0.0127 protects against a false breakout while allowing upside potential.
I’m personally looking for $HEMI to push toward 0.0168 and 0.0180 if momentum holds above the breakout zone, making this a low-risk trade for breakout traders.
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