🚨 $HEMI is at a make-or-break level right now!
The price is currently squeezed beneath the EMA cluster (7, 25, 99) sitting at $0.00679 – $0.00683. This is heavy overhead supply acting as a ceiling.
⚠️ Biggest Red Flag: Volume is evaporating. Current Vol is 41M, well below the MA(5) of 72M. There is zero buying momentum to push through this resistance.
📊 The Prediction: Expect a rejection from this zone. Unless we see a sudden volume spike above 60M, a retrace to $0.00670** (immediate) and **$0.00656 (major support) is highly likely.
🛑 Invalidation/Bullish Trigger: A clean 15m close above $0.00683** with surging volume flips the bias to bull mode, targeting **$0.00709 next.
Stick to shorts near resistance or wait for the breakout confirmation.
#HEMI #Crypto #Trading #Altcoins #TechnicalAnalysis
The price is currently squeezed beneath the EMA cluster (7, 25, 99) sitting at $0.00679 – $0.00683. This is heavy overhead supply acting as a ceiling.
⚠️ Biggest Red Flag: Volume is evaporating. Current Vol is 41M, well below the MA(5) of 72M. There is zero buying momentum to push through this resistance.
📊 The Prediction: Expect a rejection from this zone. Unless we see a sudden volume spike above 60M, a retrace to $0.00670** (immediate) and **$0.00656 (major support) is highly likely.
🛑 Invalidation/Bullish Trigger: A clean 15m close above $0.00683** with surging volume flips the bias to bull mode, targeting **$0.00709 next.
Stick to shorts near resistance or wait for the breakout confirmation.
#HEMI #Crypto #Trading #Altcoins #TechnicalAnalysis