HEMI looks strong, but that is exactly why you should sell.

🔴 SHORT $HEMI /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 0.0047064 – 0.0047176
TP1: 0.0046229 (-1.9%)
TP2: 0.0045635 (-3.2%)
TP3: 0.0044744 (-5.0%)
SL: 0.0048308 (+2.5%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 3/12 signals agree, 2 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• Weaker than BTC (−1.03% 24h vs BTC)
Risk: Buyers are driving the move (15m ADX 26.4)

Why now?
The daily trend is bearish with price below both key moving averages, and the 4h trend shows the same down structure. The 1h price is at 0.0047120, and the daily trend remains bearish, so a short setup makes sense to me.

Where would you place your invalidation level for this short?

Full setup on the chart below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.