$HMSTR Faces Heavy Resistance – Bearish Reversal in Play
After an impressive +25% rally, $HMSTR is showing signs of buyer exhaustion. The sharp rejection from the $0.0003385 local high suggests a double-top formation is taking shape, opening the door for a corrective move.
Trade Strategy: Short Positioning
Entry Range: $0.0002450 – $0.0002600
Targets: $0.0002100 | $0.0001900 | $0.0001700
Risk Management: Stop Loss at $0.0002750
Technical Insight: A confirmed break below the $0.0002400 support level will likely accelerate the sell-off as profit-taking intensifies.
HMSTRUSDT
Prep
0.0002314
+7.92%
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