AI Analysis: $HMSTR/USDT


Entry Price: 0.000222–0.000228
Target Price:

- TP1: 0.000210
- TP2: 0.000195
Stop Loss: Above 0.000242

Reasons for Selling:

1. Pattern Confirmation:
- A "double top" reversal structure has formed on the daily chart (neckline at 0.000210), with a top depth of 0.000032 (0.000242-0.000210)
- Measured decline = top depth × 1.618 = 0.000052 → Target price 2 = 0.000242-0.000052=0.000190 (rounded to 0.000195)
2. Trend Structure:
- Weekly chart has broken below the 2024 uptrend line (connecting 0.000195→0.000210), price is below MA(50) 0.000225
- RSI(14)=32 (weak region), MACD bearish crossover with expanding green bars, clear bearish signal
3. Market Sentiment:
- "False breakout - rapid pullback" bull trap pattern appeared in the 0.000242 area
- Closed below 0.000228 (previous high support + Fibonacci 61.8% retracement) for two consecutive days
4. Indicator Confirmation:
- OBV indicator hit a 20-day low, continuous capital outflow
- Funding rate -0.185% (negative for 5 days in a row), futures open interest down 28%
- On-chain data: Net inflow to exchanges +180 million tokens, whale holdings down 35%

This content is for reference only and does not constitute investment advice.
HMSTR-6.92%
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