$HMSTR Time and Price Cycle Analysis
Overview of the Time Cycle:
Based on the data, the time cycle for HMSTR extends from September 26 to December 9, 2024. During this period, the price was in a previous downtrend, followed by a rise and a rebound from the 37.5% level (3/8 angle). This rebound has identified December 9 as the end of the cycle, making it a pivotal time point.
Key Support Levels:
1. 25% Level at 0.004288:
- If the price finds support at this level, the next upward target will be 75% (0.010865).
- This scenario indicates a strong continuation of bullish momentum, especially if the price holds above this support.
2. 12.5% Level at 0.002644:
- If the price retraces to this level and finds support, the target will be 87.5% (0.012510).
- This scenario suggests a sharper rebound, as the deeper retracement could absorb selling pressure before resuming the uptrend.
Cycle End:
According to the time cycle, December 9 is expected to be a critical turning point. If these support levels hold, a resumption of the uptrend is the most likely scenario.
Conclusion:
The upward trajectory of HMSTR heavily depends on the support levels at 25% and 12.5%. The targets at 75% (0.010865) and 87.5% (0.012510) will be crucial if these support levels are respected. It is essential to monitor price movements in the coming period, especially as the cycle approaches its end.
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