$HMSTR /USDT has been consolidating within a range for the past few days on the 4-hour chart. The price has recently bounced off the lower support level and is showing signs of potential upward momentum.
Entry:
* Long Entry: Consider a long entry around the current price of 0.002787 or the next dip towards the support level at 0.002697.
Key Levels:
* Resistance: 0.002899, 0.002931
* Support: 0.002697, 0.002464
Take-Profit Targets:
* Target 1: 0.002899 (breakout of the recent range)
* Target 2: 0.002931 (strong resistance level)
* Target 3: 0.0031 (potential upside based on bullish momentum)
Stop-Loss:
* Stop-Loss: Set a stop-loss below the recent low at 0.002262 to protect your position from a potential downside reversal.
Caution:
* Monitor for Stability: Keep an eye on the price action and volume to ensure the upward momentum continues.
* Potential Breakout: A break above the resistance level at 0.002899 could signal a stronger bullish trend.
