🔴 $HEMI /USDT — SHORT SETUP 📉
$HEMI is struggling to produce a meaningful bounce because the trend structure remains bearish across the daily, 4h, and 1h timeframes.
📍 Entry: $0.0059551 – $0.0059669
🛑 SL: $0.0060990
🎯 TP1: $0.0058575
🎯 TP2: $0.0057885
🎯 TP3: $0.0056851
📊 Why the bearish setup still stands:
• Daily → price below EMA50 and EMA200
• 4h → bearish EMA structure
• 1h → bearish EMA structure
• 7/12 signals aligned bearish
• 15m buyers are trying to push, but the broader trend remains weak
The interesting part is the short-term buying pressure. A small bounce is still possible, but unless HEMI can reclaim the resistance above the entry zone, the larger trend continues to favor sellers.
⚠️ $0.0060990 is the stated invalidation level. A sustained break above it would weaken the short thesis.
Would you keep the stop at $0.0060990, or wait for a rejection before entering? 👀
$HEMI 👇
$HEMI is struggling to produce a meaningful bounce because the trend structure remains bearish across the daily, 4h, and 1h timeframes.
📍 Entry: $0.0059551 – $0.0059669
🛑 SL: $0.0060990
🎯 TP1: $0.0058575
🎯 TP2: $0.0057885
🎯 TP3: $0.0056851
📊 Why the bearish setup still stands:
• Daily → price below EMA50 and EMA200
• 4h → bearish EMA structure
• 1h → bearish EMA structure
• 7/12 signals aligned bearish
• 15m buyers are trying to push, but the broader trend remains weak
The interesting part is the short-term buying pressure. A small bounce is still possible, but unless HEMI can reclaim the resistance above the entry zone, the larger trend continues to favor sellers.
⚠️ $0.0060990 is the stated invalidation level. A sustained break above it would weaken the short thesis.
Would you keep the stop at $0.0060990, or wait for a rejection before entering? 👀
$HEMI 👇
