$HMSTR price currently hovers around the moving average levels, suggesting consolidation. The overall trend may still be slightly bearish given the lower high and lower low pattern, but the buying sentiment in the order book could support a minor rebound.
Bullish Scenario: If the price breaks above 0.004475, it could signal a bullish continuation, with the next resistance target likely around 0.0048.
Bearish Scenario: A fall below 0.003606 may lead to further declines, potentially down to 0.0034 as the next support.
Watch for a break above resistance or a drop below support to confirm the next direction.
Support and Resistance Levels:
Support: The recent low of 0.003606 USDT can be considered a support level, as the price has rebounded from this point.
Resistance: The high of 0.004475 USDT marks a key resistance level. A move above this level could indicate further upward momentum.
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