$HMSTR
The current price of Hamster coin is 0.003984 ๐น, and it is testing an important trendline ๐. A trendline connects key highs or lows in the chart, helping to show the market's direction. Right now, the price is retesting this trendline, which could act as support or resistance.
If the Price Holds Above the Trendline:
If Hamster coin stays above 0.003984 and the trendline holds as support, we could see an upward move ๐. The next resistance levels (where selling might appear) are 0.005000 and 0.00634:
0.005000: This level may act as an initial barrier. If the price breaks through, it shows strength ๐ช.
0.00634: If the price reaches here, it could signal more bullish momentum ๐.
If the Price Fails to Hold the Trendline:
If the price drops below the trendline at 0.003984, the market could be showing weakness. In that case, watch the support levels where buying might kick in:
0.003636: The first support level. If the price hits this and holds, it could reverse upward ๐.
0.002974: A deeper support zone, where if the price dips, we could see more downside pressure โ ๏ธ.
Summary:
Trendline holds above 0.003984 โ Possible rise to 0.005000 and 0.00634 ๐๐.
Trendline breaks below 0.003984 โ Watch support areas at 0.003636 and 0.002974 โก.
This is just a technical analysis ๐. Always remember, not financial advice! Be sure to do your own research before making any decisions ๐ง๐.
