๐จ $HMSTR
Rejected at 0.00021 โ Short-sell pressure on the naked shorts is rapidly escalating ๐
๐ Entry zone: 0.000194 โ 0.000210
๐ฏ Targets: 0.000180 โ 0.000165 โ 0.000150
๐ Stop loss: 0.000230
๐ The shallow rebound at 0.00021 was just a typical liquidity trap โ the supply zone held strongly, and the rejection came with a huge volume. Retail traders fell into the trap while chasing the upward move, while sell orders are increasing quickly. The minimum at 0.00019 is the last line of defense; breaking it will open the door to a sharp drop toward the empty demand zones at 0.000180 โ 0.000150.
$HMSTR
๐ก Smart money is already treating this level as solid resistance, and the ร20 leverage will amplify the downward moves once the drop starts. With this level of sell pressure, the easiest path is clearly down.
๐ฌ Are you with the shorts now, or will you wait for a retest above 0.00021 to strengthen your position? ๐
โ ๏ธ Warning: This is not investment advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #HMSTR #ShortSetupb #ResistanceRejection #Crypto #trading
Rejected at 0.00021 โ Short-sell pressure on the naked shorts is rapidly escalating ๐
๐ Entry zone: 0.000194 โ 0.000210
๐ฏ Targets: 0.000180 โ 0.000165 โ 0.000150
๐ Stop loss: 0.000230
๐ The shallow rebound at 0.00021 was just a typical liquidity trap โ the supply zone held strongly, and the rejection came with a huge volume. Retail traders fell into the trap while chasing the upward move, while sell orders are increasing quickly. The minimum at 0.00019 is the last line of defense; breaking it will open the door to a sharp drop toward the empty demand zones at 0.000180 โ 0.000150.
$HMSTR
๐ก Smart money is already treating this level as solid resistance, and the ร20 leverage will amplify the downward moves once the drop starts. With this level of sell pressure, the easiest path is clearly down.
๐ฌ Are you with the shorts now, or will you wait for a retest above 0.00021 to strengthen your position? ๐
โ ๏ธ Warning: This is not investment advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #HMSTR #ShortSetupb #ResistanceRejection #Crypto #trading