Trading Strategy for $HMSTR

(4-Hour Chart)

Entry Point:

Wait for the price to approach 0.00225 (key support level). If the price shows a strong bounce with increased volume, take a long position.Alternatively, if the price breaks and sustains above 0.00280, consider entering for a short-term bullish move.

Targets:

First Target (T1): 0.00300 (near the resistance zone).

Second Target (T2): 0.00320 (aligned with the MA-25 resistance).

Stop Loss:

Set a strict Stop Loss below 0.00220 for long positions.For breakout trades above 0.00280, place a Stop Loss slightly below the breakout candle.

Exit Strategy:

Close 50% of the position at the first target and trail the Stop Loss to breakeven.Exit fully at the second target or earlier if momentum weakens.

Risk Management:

Risk only 2-3% of your trading capital per trade.Avoid using high leverage to manage volatility effectively.

#HMSTR #HMSTRonBinance #Bullish