$HMSTR we can see a bearish trend based on the chart. The price has shown a sequence of bearish bars, suggesting a predominant downward trend.
However, a trend reversal is possible with the formation of a climactic bar pattern, indicating caution at the moment. It will be necessary to monitor the next bars to confirm whether this reversal materializes.
In general, the price action suggests a bearish scenario for Hamster in the short and medium term, with possible opportunities for a short entry. However, it is important to be aware of possible signs of a trend change, as the market can present volatility and unexpected reversals.
According to CoinMarketCap, the price before the listing on Binance was around 0.08865, having formed a price peak around 0.095 and quickly returned to the original level.
I recommend that you closely monitor the evolution of this asset and adjust your strategy as the market behavior unfolds. Avoid FOMO and wait for a correction for a long entry.
Stay disciplined in your analysis and trading decisions.