$HEMI is approaching a critical supply zone as the recent recovery starts showing signs of weakness.
Trading Plan: Short $HEMI
Entry: 0.0098 - 0.0100
SL: 0.0109
TP1: 0.0096
TP2: 0.0093
TP3: 0.0090
The rebound has pushed price back into a strong resistance area, where selling pressure appears to be increasing. Buyers are struggling to reclaim the upper structure, while downside liquidity remains exposed below the recent lows.
If this supply zone continues to hold and sellers maintain control, the next move could be a deeper retracement toward the lower liquidity levels.
Manage your position carefully and avoid overleveraging.
DYOR (Do Your Own Research)
Trading Plan: Short $HEMI
Entry: 0.0098 - 0.0100
SL: 0.0109
TP1: 0.0096
TP2: 0.0093
TP3: 0.0090
The rebound has pushed price back into a strong resistance area, where selling pressure appears to be increasing. Buyers are struggling to reclaim the upper structure, while downside liquidity remains exposed below the recent lows.
If this supply zone continues to hold and sellers maintain control, the next move could be a deeper retracement toward the lower liquidity levels.
Manage your position carefully and avoid overleveraging.
DYOR (Do Your Own Research)