Under the calm surface, the currents are running deep. The market setup for $HEMI is actually quite clear right now. From the daily chart down to the hourly chart, the price has remained capped by the EMA50 and EMA200, and the bearish alignment has stayed intact. When you look at the rebounds, volume is shrinking, which suggests buyers aren’t particularly active. In trading, following the structure is much more comfortable than trying to pick tops and bottoms.
A rebound approaching the resistance zone is where bears can start paying attention. The RSI is neutral, with no reversal signal, so there’s no need to rush into a bullish outlook. As long as the key level holds, the downside thesis remains intact. Keep your position size small, set a stop-loss, and don’t fight the trend.
🔴 Trade direction: Short
📍 Entry range: 0.0058872 – 0.0058986
🛑 Stop-loss: 0.0060103
🎯 Take-profit 1: 0.0058049
🎯 Take-profit 2: 0.0057462
🎯 Take-profit 3: 0.0056582
Still waters run deep, concealing foresight; through the market’s ups and downs, stay composed.
Stand alongside Sister Fei and navigate the tides of wealth.
#HEMI
Click below to trade 👇
A rebound approaching the resistance zone is where bears can start paying attention. The RSI is neutral, with no reversal signal, so there’s no need to rush into a bullish outlook. As long as the key level holds, the downside thesis remains intact. Keep your position size small, set a stop-loss, and don’t fight the trend.
🔴 Trade direction: Short
📍 Entry range: 0.0058872 – 0.0058986
🛑 Stop-loss: 0.0060103
🎯 Take-profit 1: 0.0058049
🎯 Take-profit 2: 0.0057462
🎯 Take-profit 3: 0.0056582
Still waters run deep, concealing foresight; through the market’s ups and downs, stay composed.
Stand alongside Sister Fei and navigate the tides of wealth.
#HEMI
Click below to trade 👇