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Technical analysis by AmateurxTrader about Symbol HMSTR: Buy recommendation (11/13/2024)

https://sahmeto.com/message/2968646
AmateurxTrader
AmateurxTrader
Rank: 5439
1.6

$HMSTR Potential Rebound from Golden Ratio Fibonacci Retracement

Buy
Price at Publish Time:
$0.0039966
Buy،Technical،AmateurxTrader

Currently, $HMSTR is undergoing a correction and has reached the golden ratio level on the Fibonacci retracement, aligning with a key support area. Based on analysis in the 4-hour timeframe, the latest candle shows a bullish signal with significant volume support, suggesting a potential reversal upward. If this level holds, it could serve as a strong rebound point for $HMSTR. I’ll continue to monitor the candlestick patterns and volume at this level to see if the bullish momentum sustains. Stay tuned for further developments!

Source Message: TradingView
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