The signs of accumulation are hidden in the order flow, so I choose to validate the short thesis of $HEMI through structure. From the daily chart to the 1-hour chart, price is pressed below EMA50 and EMA200, with a synchronized bearish alignment across the three timeframes; this kind of resonance is no accident. On the 15-minute chart, ADX is 24.2, DI− at 25.2 outweighs DI+ at 16.0, and sellers are clearly in control.
On the 4-hour chart, RSI is 42.2, momentum is weak, and there are no signs of a reversal. BTC correlation is only 0.36, so HEMI is trading independently; without broader market support, it is even easier for downside pressure to unfold. Any rebound toward the EMA area is just structural confirmation. I prefer to follow the trend and stay bearish rather than bet on a reversal.
🔴 Trading direction: Short
📍 Entry range: 0.0060914 – 0.0061148
🛑 Stop loss: 0.0063473
🎯 Take profit 1: 0.0059199
🎯 Take profit 2: 0.0057978
🎯 Take profit 3: 0.0056147
There is no need to chase the trend; the trend will stay on its own.
Side by side with Sister Li, let every moment echo.
#HEMI
Click below to trade 👇
On the 4-hour chart, RSI is 42.2, momentum is weak, and there are no signs of a reversal. BTC correlation is only 0.36, so HEMI is trading independently; without broader market support, it is even easier for downside pressure to unfold. Any rebound toward the EMA area is just structural confirmation. I prefer to follow the trend and stay bearish rather than bet on a reversal.
🔴 Trading direction: Short
📍 Entry range: 0.0060914 – 0.0061148
🛑 Stop loss: 0.0063473
🎯 Take profit 1: 0.0059199
🎯 Take profit 2: 0.0057978
🎯 Take profit 3: 0.0056147
There is no need to chase the trend; the trend will stay on its own.
Side by side with Sister Li, let every moment echo.
#HEMI
Click below to trade 👇