#HMSTRT his big green candle that pumped +33%, it’s a clear Buying Climax or Upthrust, bro. It pumped on high volume and now full chance of rejection. The overall trend is completely down, Vol/MCap ratio is over 695%, meaning it went up that fast, it’ll crash down just as fast.

If you trade on this, there’s a lot of risk, bro. Yeah, one thing is okay – if you really want to do something, just do scalping only, don’t hold at all. Take small-small profits: as soon as it goes up a bit, go long, book 3-5% profit and get out. Then when it comes down, go short, take small profit and exit.

But honestly, in the end this will go down only, bro. This is dead cat bounce, after climatic action bar it has to go further down. Better to stay away from it, or just hit small scalps, don’t take any big position otherwise it will wipe you out.

Keep risk management tight, always enter with stop loss, otherwise the loss will be huge.

HMSTRUSDT

Prep

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