$HMSTR/USDT has shown significant volatility, with a rapid spike reaching 0.006547 followed by a consolidation. The price is now hovering around 0.006573, just below a resistance zone. The overall movement suggests potential for further upward momentum, but also a risk of a pullback as selling pressure increases near key resistance points.
Is it time to short $HMSTR? The sharp rise could make it tempting to short, especially if the price starts showing signs of weakening or rejection at resistance. However, due to the extreme volatility, entering a short position now carries high risk. Waiting for confirmation of a reversal or a clear bearish signal might be more prudent before considering a short.
