⚠️ $HMSTR — Sharp Rejection from Highs, Profit-Taking Short Setup 📉
Trading Plan — SHORT $HMSTR
· Entry: 0.0002450 – 0.0002600
· Target 1: 0.0002100
· Target 2: 0.0001900
· Target 3: 0.0001700
· Stop Loss: 0.0002750
Analysis
$HMSTR at **$0.0002495** is showing clear signs of exhaustion after a massive +25.38% pump, having been rejected from the 24H high of $0.0003385. The price is now retracing, indicating profit-taking and weakening bullish momentum.
The chart reveals a bearish rejection candle and a potential double-top formation near the highs. A break below $0.0002400** could trigger a sharp drop toward **$0.0002100 → $0.0001900 → $0.0001700. Only a close above $0.0002750 would invalidate the short setup.
HMSTRUSDT
Prep
0.0002512
+32.35%