💥 $HMSTR is one of the hottest meme coins of 2024, but don’t be fooled by the hype! Here’s why a massive crash is on the horizon:
1️⃣ Post-Listing Stagnation: After the huge initial pump, $HMSTR has been struggling, with price movement slowing down. The first dump (wave A) and subsequent pump (wave B) hint at a pattern we can’t ignore.
2️⃣ Bearish Reversal Indicator: Our Bullish/Bearish Reversal Bar flashed a strong red signal, indicating a sell-off is imminent. Wave C is known for its impulsive price action, and we’re targeting $0.0010 as the Fibonacci extension for the next leg down.
3️⃣ Listing Price Retest: New coins often retest their listing price, and $HMSTR is no exception. Sideways price action just below the listing price could set the stage for another major move—just not in the direction many are hoping for.
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Key Takeaways:
⚠️ Don’t Buy Now: It’s risky to jump in at this point. Hold off until $HMSTR hits a safer, lower price zone.
📉 Target: $0.0010
💡 Patience Pays: Let the coin stabilize below the listing price before considering entry for a more sustainable gain.
🚨 Stay Safe and Keep a Close Eye! 🚨
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