Bearish Breakdown: HEMI nears its all-time low at $0.0142, down over 45% in the last 30 days amid a strong downtrend.
Technical Weakness: Prices are below key EMAs with an oversold RSI (22.3) and negative MACD, confirming dominant bearish momentum.
Heavy Outflows: Significant selling pressure is evident from a recent $6.37M hourly net outflow and a high long-squeeze risk.
Strategic Focus: Despite market pressure, the project continues developing its BTCFi and Real World Asset (RWA) ecosystem for long-term growth.
Bearish Technicals Dominate
Price is in a downtrend below key EMAs.
RSI (22.3) is oversold, and MACD is negative.
A recent -$6.37M net outflow signals strong selling pressure.
Volatility vs. Long-Term Vision
News reports highlight recent price volatility and a "pump and dump" pattern.
Project-driven content focuses on the long-term vision of integrating Bitcoin into DeFi and RWA markets.
Past Community Engagement
Previous activities included HODLer Airdrops for BNB subscribers.
A trading competition with a large HEMI prize pool celebrated its spot listing.
Binance Wallet hosted early access programs.
Key Levels to Watch
Immediate support is near the all-time low ($0.0134).
Resistance is at the mid-Bollinger Band (~$0.0146).