$HMSTR /USDT Analysis: Potential Triple Top Formation

🔍 Price Overview:

Current Price: $0.003023 (+0.10%)

The price is approaching the critical resistance at $0.003064, potentially forming a triple top.

💡 Trade Setup:

Entry Zone: $0.003020 - $0.003050

Targets:

Target 1: $0.003064 (Resistance confirmation)

Target 2: $0.003100 (Breakout continuation)

Stop Loss: $0.002980 (Below support)

📉 Observation: Watch for rejection at $0.003064 to validate the triple top pattern, potentially signaling a bearish reversal. A breakout above with volume confirms bullish momentum.

🚨 Strategy:

Short if rejected at $0.003064.

Go long on breakout above $0.003064 with increased trading volume.

#HMSTRUSDT #CryptoAnalysis #Binance