$HEMI Coin Update: Breaking Support Levels Opens the Way for a Downward Wave Towards Lower Targets
📍 Watch Zone: 0.00810 – 0.00831
🎯 Price Targets:
• Target 1: 0.00760
• Target 2: 0.00720
• Target 3: 0.00639
❌ Scenario Invalidation: 45-minute candle closes above 0.00939
💡 Technical Justification: The chart shows strong selling pressure after the price failed to break through the fast moving averages and sharply declined below them, leading to a break of the immediate support zone (0.00810 - 0.00831).
This bearish trend is confirmed by the presence of a negative selling range (-39.41), a declining momentum indicator, and a structural shift with a bearish bias. These technical factors combined indicate weak buying liquidity and a price inability to rebound, making it likely that the current retest wave will confirm the rejection and continue the decline.
$HEMI
📍 Watch Zone: 0.00810 – 0.00831
🎯 Price Targets:
• Target 1: 0.00760
• Target 2: 0.00720
• Target 3: 0.00639
❌ Scenario Invalidation: 45-minute candle closes above 0.00939
💡 Technical Justification: The chart shows strong selling pressure after the price failed to break through the fast moving averages and sharply declined below them, leading to a break of the immediate support zone (0.00810 - 0.00831).
This bearish trend is confirmed by the presence of a negative selling range (-39.41), a declining momentum indicator, and a structural shift with a bearish bias. These technical factors combined indicate weak buying liquidity and a price inability to rebound, making it likely that the current retest wave will confirm the rejection and continue the decline.
$HEMI
