HIMS has been facing persistent selling pressure lately. The price action recently broke below the 20-month simple moving average, which was previously serving as a key support level. With that level compromised, traders are now eyeing the supertrend indicator as the next critical support zone to monitor for long-term positioning. This breakdown could signal further downside risk or potentially a consolidation phase before a recovery attempt.
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BoredStaker
· 9h ago
hims, this wave is really unbearable... the 20-month moving average has been broken, now it depends on whether the supertrend can hold. It feels like it might drop again.
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TopBuyerForever
· 9h ago
It broke through again... Now the 20-month line can't hold either. Just keep pushing down, I’m used to it anyway, haha.
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TradFiRefugee
· 9h ago
It's starting to break down again. This time, can it hold the supertrend... it's a bit uncertain.
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AlwaysMissingTops
· 9h ago
Another breakdown? The 20-month moving average didn't hold either. This is getting interesting... It seems we need to see if the supertrend can hold, or else it might drop further.
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NFTArchaeologis
· 9h ago
The 20-month moving average has been broken, which is like pages of ancient texts scattered. The next support depends on how the super trend is handled, as the tug-of-war between bulls and bears often becomes clear at such junctures.
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ProveMyZK
· 9h ago
This breakout in Hims is pretty strong; the 20-month moving average has been broken. Can it hold up below? It depends on whether the supertrend can save the situation.
HIMS has been facing persistent selling pressure lately. The price action recently broke below the 20-month simple moving average, which was previously serving as a key support level. With that level compromised, traders are now eyeing the supertrend indicator as the next critical support zone to monitor for long-term positioning. This breakdown could signal further downside risk or potentially a consolidation phase before a recovery attempt.