HEMI is quoting at $0.006354 USDT (-2.31%). The 1-hour structure reflects constant selling pressure after being rejected in the upper zone of $0.006642.
📊 Bearish Technical Reading:
$HEMI
Continuity Signal: The Parabolic SAR is positioned above the price at $0.006502, backed by the active resistance of the MA(21) at $0.006424 and the MA(50) at $0.006378.
Short Trigger: The key to confirming the extension of the selling is the loss and a firm 1H candle close below the MA(100) at $0.006240 and the Supertrend at $0.006232.
🎯 Short Route (Position Structure):
Entry / Confirmation Zone: Close below $0.00624 (or a rejected retest at $0.00638).
Stop Loss (Invalidation): Above the SAR / MA(21) at $0.00645 - $0.00651.
Target 1 (TP1): $0.00603 (previous low zone).
Target 2 (TP2 / Extension): $0.00596 (projected support).
⚠️ Risk Management: If the price manages to recover the MA(50) with volume, the very short-term short thesis loses validity. Keep leverage controlled and move the Stop Loss to Breakeven upon reaching TP1.
Do you see the support break at $0.00624 in the next candles, or are you expecting a retest from above? 👇
This is not financial advice. Do your own research (DYOR).
#CRIPTOMONEDASYACCIONES #losfantasticosdeltrading #BinanceSquare #Write2Earn #HEMI
📊 Bearish Technical Reading:
$HEMI
Continuity Signal: The Parabolic SAR is positioned above the price at $0.006502, backed by the active resistance of the MA(21) at $0.006424 and the MA(50) at $0.006378.
Short Trigger: The key to confirming the extension of the selling is the loss and a firm 1H candle close below the MA(100) at $0.006240 and the Supertrend at $0.006232.
🎯 Short Route (Position Structure):
Entry / Confirmation Zone: Close below $0.00624 (or a rejected retest at $0.00638).
Stop Loss (Invalidation): Above the SAR / MA(21) at $0.00645 - $0.00651.
Target 1 (TP1): $0.00603 (previous low zone).
Target 2 (TP2 / Extension): $0.00596 (projected support).
⚠️ Risk Management: If the price manages to recover the MA(50) with volume, the very short-term short thesis loses validity. Keep leverage controlled and move the Stop Loss to Breakeven upon reaching TP1.
Do you see the support break at $0.00624 in the next candles, or are you expecting a retest from above? 👇
This is not financial advice. Do your own research (DYOR).
#CRIPTOMONEDASYACCIONES #losfantasticosdeltrading #BinanceSquare #Write2Earn #HEMI