HMSTR: Hits 3R Profit Target and Breaks Below MA100

HMSTR: Hits 3R Profit Target and Breaks Below MA100 – Strategic Short Opportunity along Downward Expansion


HMSTR continues to extend its decisive bearish wave in exact alignment with our previous technical analysis, officially reaching an impressive 3R profit milestone for early Short entries. Heavy, continuous sell-side pressure has driven price action lower, culminating in a firm 4-hour candle close decisively below the dynamic MA100 trendline resistance.


Based on the visual data from the 4-hour chart , this breakdown below the dynamic MA100 line marks a major technical shift as buy-side absorption shows total exhaustion, failing to present any meaningful bullish reversal signals. Trading solidly beneath this dynamic trendline confirms that the short-term bearish market structure is firmly locked in, paving the way for further downside continuation.


This technical setup provides an attractive opportunity to add to or initiate fresh Short positions following the momentum. Entering Short positions right after this confirmed MA100 breakdown allows for an exceptionally tight stop-loss parameter placed directly above the newly broken dynamic trendline. The primary take-profit objective for this downside expansion targets the $0.000100 psychological round-number support baseline.


Disclaimer: This is not financial advice, DYOR.