Is $HEMI coiling for a continuation push toward $0.0100? 🚀
$HEMI is holding near the $0.0090 consolidation zone following a strong 1H expansion that tagged $0.00975. Price is absorbing selling pressure above prior range resistance, making a confirmed hold above $0.00910 the key trigger to restart local bullish momentum.
Technical Breakdown:
Breakout Retention: Holding above the $0.00885 demand floor keeps the 1H higher-low market structure valid.
Continuation Trigger: A clean 1H close above $0.00910 signals buyer re-entry, paving the way for a retest of $0.00975 and key expansion targets.
Trade Setup (Long):
Entry Zone: $0.00885 – $0.00905
Target 1: $0.00945
Target 2: $0.00975
Target 3: $0.01020
Stop Loss: $0.00855
Execution Strategy: Look for price action to demonstrate clear stability in the entry range before taking a position, and strictly enforce your stop loss at $0.00855 to maintain proper risk control!
$HEMI is holding near the $0.0090 consolidation zone following a strong 1H expansion that tagged $0.00975. Price is absorbing selling pressure above prior range resistance, making a confirmed hold above $0.00910 the key trigger to restart local bullish momentum.
Technical Breakdown:
Breakout Retention: Holding above the $0.00885 demand floor keeps the 1H higher-low market structure valid.
Continuation Trigger: A clean 1H close above $0.00910 signals buyer re-entry, paving the way for a retest of $0.00975 and key expansion targets.
Trade Setup (Long):
Entry Zone: $0.00885 – $0.00905
Target 1: $0.00945
Target 2: $0.00975
Target 3: $0.01020
Stop Loss: $0.00855
Execution Strategy: Look for price action to demonstrate clear stability in the entry range before taking a position, and strictly enforce your stop loss at $0.00855 to maintain proper risk control!
