$HMSTR /USDT Volatile Spike, Short-Term Correction Favored

HMSTR

0.0002197

-5.54%

$HMSTR experienced a sharp impulsive move followed by an aggressive rejection from the intraday high. After the vertical expansion, price is now pulling back and consolidating below the spike top, indicating profit-taking pressure. Momentum on lower timeframes has cooled, suggesting a corrective move or deeper consolidation before any sustainable continuation.

Short Setup

Entry: 0.000275 – 0.000285

Stop Loss: 0.000310

Targets:

TP1: 0.000255

TP2: 0.000235

TP3: 0.000215

As long as price remains below the spike rejection zone, the short-term bias stays tilted toward downside correction.