$HMSTR Analysis For 24 hrs Spot trade 💪

1. RSI (Relative Strength Index):

RSI(200) is around 45.85 (neutral to oversold).

RSI(50) is at 50.65 (neutral zone).

Moving Averages:

MA(5) and EMA(20) indicate short-term trends.

Volumes show significant activity, meaning liquidity is present.

2. Key Levels:

Resistance: $0.004066 (24h high).

Support: $0.003542 (24h low).

Current Price: $0.003866.

Entry and Exit Strategy

1. Entry Point:

Look to enter near the support level ($0.003542) if the RSI drops below 40, indicating the coin is oversold.

Alternatively, wait for a breakout above $0.003870 (EMA levels) with strong volume.

2. Exit Point:

Target the resistance level ($0.004066) for a 24-hour trade.

If the price breaks above $0.004066 with momentum, consider holding for further gains but set a trailing stop-loss to secure profits.

✅Risk Management

Set a stop-loss at $0.003500 to minimize downside risk.

Use a position size that fits your risk tolerance (e.g., only risk 10-20% of your capital).