The $HMSTR /USDT 15-minute chart currently displays a strong bullish momentum, with the price sitting at 0.003131, marking an impressive 19.41% gain for the day.
Traders should keep an eye on the resistance at 0.003190 and the support level at 0.002990, as these are key zones to monitor for potential reversals or continued movement.
A suggested entry for a trade would be around 0.003130, aligning with the ongoing upward trend. Setting take-profit targets at 0.003180, 0.003220, and 0.003290 can help capture gains as the price advances.
For risk management, placing a stop loss at 0.002910 is advisable to safeguard against unexpected market downturns.
Given the elevated RSI at 87.66, traders should be cautious of potential overbought conditions, ensuring close observation of momentum shifts and market corrections.