$HMSTR

Guys, I'm keeping a close eye on HMSTR, currently trading at 0.0047. For me, the key level to watch is 0.0056. If HMSTR breaks through this resistance, I'm expecting a strong upward trajectory.

Here's why:

Technical Analysis:

RSI: 55 (neutral/bullish)

MACD: Crossover imminent

Support Levels:

0.0040-0.0045 (strong support)

0.0035-0.0040 (next support)

Resistance Levels:

0.0056 (crucial breakout)

0.0065-0.0070 (next resistance)

My Strategy:

Buy: 0.0056 breakout (target 0.0070-0.0080)

Stop-loss: 0.0040

Take profit: 0.0080

Reasoning:

HMSTR's chart shows a potential inverse head-and-shoulders pattern, indicating a reversal.

Increasing buying pressure and volume suggest a breakout.

MACD crossover confirms bullish momentum.

Break above 0.0056 opens up 0.0070-0.0080 range.

Risks:

Failure to break 0.0056 may lead to consolidation or drop.

Overextension above 0.0080.

My plan:

Buy on 0.0056 breakout.

Set stop-loss at 0.0040.

Take profits at 0.0080.

Monitor volume and market sentiment.

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