$HIMS
HIMS drops 1.7% after peaking at $31.79..🧐🧐
Technical Analysis (HIMS/USDT):
Current price: $30.50 (-1.77%)
24h high: $31.79 - 24h low: $30.37
Volume: 87.1K HIMS】 / 2.69M USDT
On the 4-hour chart, we see a strong rise on the 11th from $30.70 to $31.50, followed by an attempted breakout above $31.80 on the 12th that failed with a red candle and the highest selling volume (20K+). On the 13th, a liquidation candle dropped the price to $30.35, followed by consolidation at $30.50.
Trading plan:
1- Bullish scenario:
Entry: A 4-hour close above $30.80 confirms the correction is over.
Stop loss: Daily close below $30.30
Target 1: $31.50
Target 2: $31.79
2- Bearish scenario:
A break below $30.30 on volume could extend the correction to $29.80. Don't buy into a free fall.
#AMANDABELLA
#hims #BitcoinOptionsVolatilityHitsFiveYearLow #StrategyBuys250Bitcoin #EvernorthNasdaqDebutClosesDown1.05%
HIMS drops 1.7% after peaking at $31.79..🧐🧐
Technical Analysis (HIMS/USDT):
Current price: $30.50 (-1.77%)
24h high: $31.79 - 24h low: $30.37
Volume: 87.1K HIMS】 / 2.69M USDT
On the 4-hour chart, we see a strong rise on the 11th from $30.70 to $31.50, followed by an attempted breakout above $31.80 on the 12th that failed with a red candle and the highest selling volume (20K+). On the 13th, a liquidation candle dropped the price to $30.35, followed by consolidation at $30.50.
Trading plan:
1- Bullish scenario:
Entry: A 4-hour close above $30.80 confirms the correction is over.
Stop loss: Daily close below $30.30
Target 1: $31.50
Target 2: $31.79
2- Bearish scenario:
A break below $30.30 on volume could extend the correction to $29.80. Don't buy into a free fall.
#AMANDABELLA
#hims #BitcoinOptionsVolatilityHitsFiveYearLow #StrategyBuys250Bitcoin #EvernorthNasdaqDebutClosesDown1.05%