The HMSTR/USDT pair is currently showing significant bearish momentum, down 6.46% over the past 24 hours. The price has dropped to 0.003750 USDT, after swinging between a 24-hour high of 0.004022 USDT and a low of 0.003736 USDT. With a large volume of 9.90 million USDT and decreasing liquidity, there is potential for significant volatility.

💡 IMPORTANT levels to note: 💡

Resistance: 0.003980 USDT – Previous important level and a break of this could generate a move towards 0.004100 USDT.

Support: $0.003736 USDT – If the price breaks below this level, the price could continue to decline, with a potential drop to $0.003600 USDT or lower.

📉 Short term signal:

Downtrend: The price action is in a downtrend, making lower highs and lower lows. The support level at $0.003736 is being tested multiple times, indicating a potential for further declines if broken.

Momentum Indicators: Moving Averages (MA5 and MA10) show that the sellers are currently in control, with the 5-period moving average at $53.6 million and the 10-period moving average at $42.5 million, both above the price, signaling greater pressure from the selling side.

Volume spikes: When volume increases, we can see some immediate volatility—be wary of sudden price swings, especially with the potential for a sell-off if support is broken.

📉 Bearish Crash Warning:

If the price breaks below $0.003736 USDT, expect a bearish move towards $0.003600 USDT or even lower. Traders looking to short can consider this as a breakout trigger, with a stop loss around $0.003800 USDT.

🚀 The explosive protest is coming:

A bounce from the support at $0.003736 USDT and a breakout above $0.003980 USDT could trigger an explosive rally. The next target would be $0.004100 USDT or higher, with bullish momentum driving a rapid increase.

Long term signal:

Accumulation Zone: If the price continues to hold above the $0.003736 support level, this could signal accumulation by long-term investors, waiting for a breakout to $0.004022 and above.

Note for bulls: Any breakout needs to decisively overcome the strong resistance around 0.003980 USDT, as this area has traditionally acted as a major barrier for upward moves.

📊 Conclusion:

Short Term: Prioritize short trades if price breaks below support, targeting $0.003600 or lower. Be careful of false breakouts in both directions.

Long-term: Bullish traders can consider entering a trade once the breakout is confirmed above 0.003980 USDT, with a target of 0.004100 USDT or higher.

Stay alert and pay attention to these important levels, as the HMSTR/USDT pair is preparing for a decisive move!

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