HEMI breaks below all three EMAs on the daily trend.

๐Ÿ”ด SHORT $HEMI /USDT: expecting price to go DOWN
Bias: SHORT ยท Strong

Entry: 0.0056667 โ€“ 0.0057073
TP1: 0.0053385 (-6.1%)
TP2: 0.0051062 (-10.2%)
TP3: 0.0047577 (-16.3%)
SL: 0.0061516 (+8.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.

Why SHORT? HEMI checklist: 7/12 signals agree, 0 against, 5 undecided
โ€ข Daily trend: price < EMA50 < EMA200, bearish stack โ†’ the big-picture trend is down
โ€ข 4h trend: price < EMA50 < EMA200, bearish stack โ†’ the swing trend is down
โ€ข 1h trend: price < EMA50 < EMA200, bearish stack โ†’ the short-term trend is down
Watch: The idea is wrong if price reaches the stop at 0.0061516

Net read: The daily trend is bearish, which means the big picture is down, but the 1h RSI is near oversold so a bounce is possible.

Where would you place your short stop if you did not use the layout stop?

Levels mapped on the chart below.

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โš ๏ธ Personal market analysis only. NFA โ€” 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.