This isn’t calm—it’s the market showing signs of movement. $HEMI has clearly lagged behind in the BTC-led rebound. The daily, four-hour, and one-hour charts are all below their moving averages, and the bearish alignment remains intact. ADX shows that sellers are still in control, with DI− far above DI+. This rebound looks more like a recovery than a reversal.
Price is hovering near the top of the range, where shorting offers the advantage of a tight stop and more room for error. As long as price stays below the structural high, the downside path remains valid. Short-term buying is pushing prices up, but volume lacks staying power. I’d rather wait for the rally to lose steam and then look for a pullback in line with the trend.
🔴 Trade direction: Short
📍 Entry range: 0.0051515 – 0.0051773
🛑 Stop loss: 0.0053978
🎯 Take profit 1: 0.0049894
🎯 Take profit 2: 0.0048727
🎯 Take profit 3: 0.0046976
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#HEMI
Click below to trade 👇
Price is hovering near the top of the range, where shorting offers the advantage of a tight stop and more room for error. As long as price stays below the structural high, the downside path remains valid. Short-term buying is pushing prices up, but volume lacks staying power. I’d rather wait for the rally to lose steam and then look for a pullback in line with the trend.
🔴 Trade direction: Short
📍 Entry range: 0.0051515 – 0.0051773
🛑 Stop loss: 0.0053978
🎯 Take profit 1: 0.0049894
🎯 Take profit 2: 0.0048727
🎯 Take profit 3: 0.0046976
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#HEMI
Click below to trade 👇