🚨📉 TRADING SIGNAL ALERT: HMSTR/USDT ON THE 4-HOUR CHART 📈🚨

HMSTR/USDT has experienced a sharp decline after touching a peak of 0.006388, pulling back significantly to its current price of 0.004451. The recent market behavior shows a strong retracement from recent highs, signaling potential bearish momentum, but also indicating a potential area for a rebound if critical support levels hold.

Current Price: 0.004451

💡 Trade Entry:

Entry Price: Consider entering at or near the current price (0.004451) for a potential rebound trade.

💡 Key Levels to Watch:

Resistance Levels:

First Resistance: 0.005116

Second Resistance: 0.005800

Third Resistance: 0.006388 (previous high)

Support Levels:

Primary Support: 0.004325 (24h low)

Secondary Support: 0.003643 (next potential support zone)

💰 Take-Profit Targets:

1. TP1: 0.004900

2. TP2: 0.005300

3. TP3: 0.005800

🔒 Stop-Loss: 0.004200 (to protect against further downside)

⚠️ Cautionary Note: Traders should watch for stability around the 0.004325 support level. A clear breakdown below this could lead to further bearish momentum, potentially dragging the price lower. If bullish momentum picks up and breaks the first resistance at 0.005116, expect a possible rally toward the higher targets.

Stay vigilant for breakout or reversal signals, and manage trades carefully with stop-loss protection.