š“ $HEMI ā Short Setup, but high bounce risk
#HEMI is at 0.00615 (-31.44%). Price is still above all three MAs, so despite the short signal, the broader structure shown here isn't fully bearish. The 24h low at 0.00555 is the key support.
MA(7): 0.00551
MA(25): 0.00506
MA(99): 0.00564
24h High: 0.00900
24h Low: 0.00555
Preferred entry: 0.00630ā0.00670 on rejection
TP1: 0.00580
TP2: 0.00555
TP3: 0.00510
SL: 0.00695
š» Confirmation: Rejection from 0.00630ā0.00670 + break below 0.00580.
ā ļø Don't short at 0.00615 blindly. HEMI is already down 31% and sitting relatively close to support. If it reclaims 0.00695, invalidate the short.
#moreviews
Short confidence: 6.5/10.
#FutureReadyInvesting
#HEMI is at 0.00615 (-31.44%). Price is still above all three MAs, so despite the short signal, the broader structure shown here isn't fully bearish. The 24h low at 0.00555 is the key support.
MA(7): 0.00551
MA(25): 0.00506
MA(99): 0.00564
24h High: 0.00900
24h Low: 0.00555
Preferred entry: 0.00630ā0.00670 on rejection
TP1: 0.00580
TP2: 0.00555
TP3: 0.00510
SL: 0.00695
š» Confirmation: Rejection from 0.00630ā0.00670 + break below 0.00580.
ā ļø Don't short at 0.00615 blindly. HEMI is already down 31% and sitting relatively close to support. If it reclaims 0.00695, invalidate the short.
#moreviews
Short confidence: 6.5/10.
#FutureReadyInvesting