🚀 HMSTR/USDT Analysis - Are We Seeing a Reversal? 🚀
HMSTR is currently trading at 0.004641 USDT, showing some positive momentum (+0.17%). However, the overall trend remains bearish as the price is still below the 99-period moving average (MA) of 0.004978 USDT. Key support lies at 0.004439 USDT, while resistance hovers at the 25-period MA (0.004671 USDT).
With the price testing both the 7-period and 25-period moving averages, we might be gearing up for a breakout! 📈 A bullish entry could be considered if we see a strong close above 0.004671 USDT, targeting the next resistance at 0.0049 USDT and possibly beyond. On the downside, a breakdown
below 0.0045 USDT could trigger a retest of support.
Stay sharp! This consolidation phase could be the perfect entry point for those ready to ride the next wave. 🚀
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