📢 $HMSTR / $USDT | 🔴 SHORT | ⭐ 69.6%
🎯 Target: $0.00017216. Is it still dropping?
🎯 Trading levels:
🟢 Entry: $0.0001761
🛑 Stop Loss: $0.00017817
🏁 TP1: $0.00017216
🏁 TP2: $0.00016988
📉 Analysis:
The market structure of $HMSTR is in a clearly defined bearish trend where the 20- and 50-period EMAs (exponential moving averages) act as dynamic resistance. The ADX of 34.53 confirms strong bearish trend strength, while the breakout (breakdown) volume above average indicates heavy selling pressure that dominates the current volume profile below the POC of 0.00018022 (point of highest liquidity).
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is set at 0.00017817; if the price consolidates above this point, the bearish thesis loses its technical validity. The trade aims to capitalize on the continuation of the bearish momentum after the failure in the prior reversal structure, closely monitoring support at 0.00017535 to confirm the breakdown.
Do you think the current volume is enough to break through the main support at 0.00017535?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #HMSTR #trading #Futures #Bearish
🎯 Target: $0.00017216. Is it still dropping?
🎯 Trading levels:
🟢 Entry: $0.0001761
🛑 Stop Loss: $0.00017817
🏁 TP1: $0.00017216
🏁 TP2: $0.00016988
📉 Analysis:
The market structure of $HMSTR is in a clearly defined bearish trend where the 20- and 50-period EMAs (exponential moving averages) act as dynamic resistance. The ADX of 34.53 confirms strong bearish trend strength, while the breakout (breakdown) volume above average indicates heavy selling pressure that dominates the current volume profile below the POC of 0.00018022 (point of highest liquidity).
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is set at 0.00017817; if the price consolidates above this point, the bearish thesis loses its technical validity. The trade aims to capitalize on the continuation of the bearish momentum after the failure in the prior reversal structure, closely monitoring support at 0.00017535 to confirm the breakdown.
Do you think the current volume is enough to break through the main support at 0.00017535?
💡 This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #HMSTR #trading #Futures #Bearish
