$HEMI: Buying Pressure Rises as Bulls Test Key Resistance
LONG SETUP HEMI
Entry: $0.00625 - $0.00635
Stop Loss: $0.00607
Take Profit: $0.00676 (2R)
Key Levels: Support $0.00621 | Resistance $0.0066
Technical Analysis for $HEMI: Price is above EMA9, EMA21 and EMA200 and MACD histogram stays positive, showing bullish momentum. RSI at 75 and stochastic near 70 flag shortterm overbought risk. ADX above 30 and a 21% bidside orderbook imbalance add buying pressure. Long entry around 0.006250.00635, watch the 0.0066 resistance and any RSI pullback.
Market Context: BTC is mixed on 4H/1D charts, down about 3% today, keeping the broader market broadly negative.
LONG $HEMI
LONG SETUP HEMI
Entry: $0.00625 - $0.00635
Stop Loss: $0.00607
Take Profit: $0.00676 (2R)
Key Levels: Support $0.00621 | Resistance $0.0066
Technical Analysis for $HEMI: Price is above EMA9, EMA21 and EMA200 and MACD histogram stays positive, showing bullish momentum. RSI at 75 and stochastic near 70 flag shortterm overbought risk. ADX above 30 and a 21% bidside orderbook imbalance add buying pressure. Long entry around 0.006250.00635, watch the 0.0066 resistance and any RSI pullback.
Market Context: BTC is mixed on 4H/1D charts, down about 3% today, keeping the broader market broadly negative.
LONG $HEMI
