🔴 HMSTR / USDT Analysis 📉📈🚀
Current Price: 0.0002538
The currency has witnessed a strong and rapid surge from the 0.0001860 area to a sharp peak near 0.0003385, which is an unhealthy rise that resulted in aggressive profit-taking that quickly brought the price back down. The current movement represents a cooling phase after a strong pump, and is not yet a new bullish reversal.
The price is currently trading below the peak and is sideways with a slight weakness, with a clear decline in trading volumes compared to the peak of the rise, indicating that buying momentum has temporarily lost its strength.
Nearby Support:
Area 0.0002400 – 0.0002300
Breaking it could bring the price back to 0.0002100
Nearby Resistance:
Area 0.0002800
Only breaking it could open a re-test attempt at 0.0003100
🔸️What is happening currently is a correction after a strong pump and not a stable upward trend.
A safe entry requires: either a clear rebound from support
or a genuine breakout of resistance with strong trading volume
Otherwise, the movement is considered short-term speculation and the risk is high.
🔴This is an educational analysis and not investment advice.
