Technical Analysis of $HMSTR /USDT
Current Price: 0.003119 USDT
24h Price Change: +15.95%
24h High: 0.003262 USDT
24h Low: 0.002639 USDT
24h Volume (HMSTR): 6.29B
24h Volume (USDT): 18.98M
Key Technical Indicators:
Support Level: 0.003029 USDT (SAR Indicator)
Resistance Level: 0.003279 USDT (near recent high)
Momentum: Positive (15.95% uptrend in the last 24 hours, indicating strong bullish momentum)
Trade Signal:
Bullish Trend: Given the 15.95% price increase and the momentum, the overall sentiment is bullish.
Target Levels 🎯:
1. Target 1 (Short-Term): 0.003160 USDT – Potential resistance break.
2. Target 2 (Mid-Term): 0.003262 USDT – Close to 24h high; a strong potential resistance point.
3. Target 3 (Long-Term): 0.003279 USDT – Major resistance level based on depth analysis.
Trade Momentum:
Strong Bullish Momentum: The positive 24-hour price change and high trading volume suggest continued upward movement. A possible pullback near the SAR support level (0.003029) is expected before the next rally. However, the momentum favors buying into further resistance levels.
Trade Recommendation: Enter long positions at current levels or after a slight pullback towards support levels (0.003029). Target profits at 0.003160, 0.003262, and 0.003279.
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