$HEMI /USDT — just sharing my personal trade observation, not a signal.
I’ve been watching HEMI after this strong move up. Price is around 0.00799, with the recent high near 0.00845. The 1H structure still looks bullish to me, but I wouldn’t want to chase a green candle up here.
My personal trade plan:
• Entry zone: 0.00755–0.00780
• Support: 0.00750 area, then 0.00700–0.00710
• Resistance: 0.00845
• Stop-loss: around 0.00715
• Target 1: 0.00840–0.00845
• Target 2: 0.00900
• Target 3: 0.00950 if momentum stays strong
What I like here is that the 7 MA is above the 25 and 99 MA, and volume has picked up during the move. MACD is also still positive.
But after a +50% move, the risk of a pullback is obviously there. I’d rather see price hold the 0.0075 area and build again than blindly enter at the current level.
For risk management, I’d keep the position small and only risk an amount I’m genuinely comfortable losing. If HEMI loses the 0.00715 area with weakness, this setup would be invalid for me.
Again, I’m not providing a trading signal here. I’m just sharing my personal observation and how I’d personally plan the trade. Do your own research before taking any position.
$HEMI
I’ve been watching HEMI after this strong move up. Price is around 0.00799, with the recent high near 0.00845. The 1H structure still looks bullish to me, but I wouldn’t want to chase a green candle up here.
My personal trade plan:
• Entry zone: 0.00755–0.00780
• Support: 0.00750 area, then 0.00700–0.00710
• Resistance: 0.00845
• Stop-loss: around 0.00715
• Target 1: 0.00840–0.00845
• Target 2: 0.00900
• Target 3: 0.00950 if momentum stays strong
What I like here is that the 7 MA is above the 25 and 99 MA, and volume has picked up during the move. MACD is also still positive.
But after a +50% move, the risk of a pullback is obviously there. I’d rather see price hold the 0.0075 area and build again than blindly enter at the current level.
For risk management, I’d keep the position small and only risk an amount I’m genuinely comfortable losing. If HEMI loses the 0.00715 area with weakness, this setup would be invalid for me.
Again, I’m not providing a trading signal here. I’m just sharing my personal observation and how I’d personally plan the trade. Do your own research before taking any position.
$HEMI