Short setup on $HEMI .
A wallet that stayed inactive for almost 5 months just woke up and moved 95M $HEMI to Binance.
Most of it has already been transferred into Binance cold wallet.
When long-dormant supply starts moving to exchange like this, selling pressure usually follows.
đ Trade Setup
âą Direction: Short
âą Entry: 0.00850 â 0.00860
âą Stop Loss: 0.00940
âą TP1: 0.00800
âą TP2: 0.00760
âą TP3: 0.00720
Risk is defined.
Size small and manage carefully.
Watching how the market digests this fresh supply.
A wallet that stayed inactive for almost 5 months just woke up and moved 95M $HEMI to Binance.
Most of it has already been transferred into Binance cold wallet.
When long-dormant supply starts moving to exchange like this, selling pressure usually follows.
đ Trade Setup
âą Direction: Short
âą Entry: 0.00850 â 0.00860
âą Stop Loss: 0.00940
âą TP1: 0.00800
âą TP2: 0.00760
âą TP3: 0.00720
Risk is defined.
Size small and manage carefully.
Watching how the market digests this fresh supply.