Who else saw that massive wick on $HMSTR just now?
The move up to 0.0003338 was insane, but the rejection was even crazier. We are basically sitting in no man's land right now at 0.0002770 after that pump got sold off hard. The volume is definitely there, but the price action is messy. If we can't reclaim that 0.0003000 area soon, I'm expecting a slow bleed back toward the 0.0002112 support level where the move originally started to pick up steam. It feels like the bulls are exhausted after that sprint. I'm staying patient to see if this consolidation builds a base or if it was just a one-off liquidity grab.
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Who else saw that massive wick on $HMSTR just now?
The move up to 0.0003338 was insane, but the rejection was even crazier. We are basically sitting in no man's land right now at 0.0002770 after that pump got sold off hard.
The volume is definitely there, but the price action is messy. If we can't reclaim that 0.0003000 area soon, I'm expecting a slow bleed back toward the 0.0002112 support level where the move originally started to pick up steam.
It feels like the bulls are exhausted after that sprint. I'm staying patient to see if this consolidation builds a base or if it was just a one-off liquidity grab.
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