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$HEMI Showing signs of recovery after a prolonged deep decline. The price is beginning to stabilize at the bottom area and gradually moving upward with a relatively steady upward momentum, indicating weakening selling pressure and buyers gradually returning to the market.
Currently, the suitable strategy is to look for buying opportunities in the 0.0076 – 0.0079 range, prioritizing entries during slight corrections (small dips). Buying during these oscillations helps optimize the position if the recovery trend continues.
⛔ Stop loss: 0.0072
• Take profit 1: 0.0083
• Take profit 2: 0.0088
• Take profit 3: 0.0095
The price structure is showing signs of forming higher lows after previous lows. If this pattern continues, there is a high chance that $HEMI will extend its upward momentum and target higher resistance levels.
However, it is necessary to manage capital strictly and adhere to stop-loss points in case the recovery scenario does not unfold as expected. When the market confirms the trend with clearly rising lows, the bullish momentum can be strengthened further in the near future.
{spot}(HEMIUSDT)