๐จ $HMSTR /USDT โ CRITICAL POINT ALERT! Prepare for Potential Rebound or Breakdown ๐จ
The $HMSTR /USDT pair is showing intense volatility on the 4-hour chart, hitting a significant support level around 0.003006 USDT after a strong downward channel pattern. Currently, the price is consolidating near this level, signaling potential for a breakout or further drop.
๐ก Support & Resistance Levels to Watch:
โข Key Resistance: 0.003400 USDT โ Breaking above this level could shift momentum toward bullish territory.
โข Vital Support: 0.002750 USDT โ A breakdown here may lead to accelerated selling, possibly targeting lower levels.
๐ Long-Term Entry Strategy: For a bullish entry, wait for a clear break and close above 0.003400 USDT with a stop-loss around 0.003100 USDT. Potential targets could be 0.003600 USDT, 0.003800 USDT, and 0.004000 USDT.
๐ Short-Term Entry Strategy: A short entry can be considered if price breaks below 0.002950 USDT with a stop-loss at 0.003200 USDT. Targets for this move might be 0.002800 USDT and 0.002650 USDT.
๐จ Be Cautious: Watch for volume spikes near these critical levels, as they often indicate strong directional moves.
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