The ONDO strategy shared earlier has successfully captured its profit potential this round. As market conditions shift, $HEMI the chart structure is showing signals in the opposite direction. The daily price is below EMA50 and EMA200, with the moving averages in a bearish alignment, indicating that the medium-term trend has weakened. The four-hour and hourly charts show the same pattern of resistance, and each rebound has been losing strength.
With multiple timeframes pointing in the same direction, the moving averages above are solid resistance. There’s also no sign of increased buying volume to support a rebound, so I’m more inclined to follow the trend lower than to bet on a reversal. As long as the key level holds, the bearish case remains intact. If the price moves back above the moving averages and stabilizes, that would invalidate this setup, and we can reassess then.
🔴 Trade direction: Short
📍 Entry range: 0.0058879 – 0.0058991
🛑 Stop loss: 0.0060088
🎯 Take profit 1: 0.0058070
🎯 Take profit 2: 0.0057493
🎯 Take profit 3: 0.0056627
There’s no need to chase the trend—the winds will settle in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#HEMI
Click below to trade 👇
With multiple timeframes pointing in the same direction, the moving averages above are solid resistance. There’s also no sign of increased buying volume to support a rebound, so I’m more inclined to follow the trend lower than to bet on a reversal. As long as the key level holds, the bearish case remains intact. If the price moves back above the moving averages and stabilizes, that would invalidate this setup, and we can reassess then.
🔴 Trade direction: Short
📍 Entry range: 0.0058879 – 0.0058991
🛑 Stop loss: 0.0060088
🎯 Take profit 1: 0.0058070
🎯 Take profit 2: 0.0057493
🎯 Take profit 3: 0.0056627
There’s no need to chase the trend—the winds will settle in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#HEMI
Click below to trade 👇