HEMI SLIDES THROUGH CRITICAL ORDER BLOCK 📉⚠️
$HEMI hammered lower on the 4‑hour chart, breaking the 0.0077 order‑block that had held since the last accumulation wave. The drop to $0.007319 represents an 18.6% 24‑hour plunge, while volume surged past $38 M, suggesting that macro capital is rotating out of the token and feeding aggressive sell pressure 😬
The price is now testing the $0.007061 support zone, a level that anchored the previous downtrend and also serves as a potential liquidity pool for larger players. A clean retest could stabilize the structure, but a decisive break would expose the next weakness near $0.006845, hinting at a deeper correction. Conversely, any bounce toward the $0.008263 mid‑range would indicate that the decline is merely a healthy pull‑back rather than a structural breakdown 🙁
Overall market bias remains bullish, yet the token’s micro‑structure is under pressure.
Levels to monitor:
Watching support around $0.007061
Structure suggests resistance near $0.009452
Mid range area: $0.008263
DYOR
Follow for Updates
#HEMI #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
$HEMI hammered lower on the 4‑hour chart, breaking the 0.0077 order‑block that had held since the last accumulation wave. The drop to $0.007319 represents an 18.6% 24‑hour plunge, while volume surged past $38 M, suggesting that macro capital is rotating out of the token and feeding aggressive sell pressure 😬
The price is now testing the $0.007061 support zone, a level that anchored the previous downtrend and also serves as a potential liquidity pool for larger players. A clean retest could stabilize the structure, but a decisive break would expose the next weakness near $0.006845, hinting at a deeper correction. Conversely, any bounce toward the $0.008263 mid‑range would indicate that the decline is merely a healthy pull‑back rather than a structural breakdown 🙁
Overall market bias remains bullish, yet the token’s micro‑structure is under pressure.
Levels to monitor:
Watching support around $0.007061
Structure suggests resistance near $0.009452
Mid range area: $0.008263
DYOR
Follow for Updates
#HEMI #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare