HEMI's recent market movement has been quite solid. Starting from the lowest point at $0.01720, the price has been oscillating between $0.01750 and $0.01800, seemingly uneventful on the surface but with underlying currents surging—each dip is met with strong buy orders holding the line. This phenomenon indicates that the support at the bottom is quite robust.
The breakout was aggressive. It surged to a new high of $0.01851, then pulled back slightly to $0.01809, but the 24-hour increase remains at 3.02%. More importantly, the trading data is impressive: 24-hour trading volume exceeded 3.26 million USDT, with a turnover of 184 million, showing significant momentum, especially during the sprint phase—classic signs of large capital involvement. The previous consolidation zone was essentially a buildup by the bulls for the final push.
**How to participate?**
Honestly, don’t rush to chase the high. The best entry point is to wait for a pullback to the $0.01770-$0.01790 range. Small positions for testing the waters will be more prudent. After all, positioning near the recent key support levels provides psychological confidence.
Regarding profit targets, consider phased goals: first aim for $0.01820 as the initial take-profit point. If the trend continues smoothly, hold on and target $0.01840. If the previous high of $0.01851 can be broken again, further upside to $0.01860 is also reasonable.
Risk management cannot be relaxed. Set your stop-loss at $0.01750. If the price falls below this level, the short-term upward momentum is likely to weaken significantly. Take profits when needed—don’t hold onto hope for a rebound.
**Personal opinion**
The reason HEMI can break new highs this time is fundamentally due to the accumulation of bullish strength reaching a critical point. Supporting data: a 2.03% increase over 7 days, and a 20.20% increase over 30 days. This accelerating trend indicates a strengthening momentum. Although the 90-day change is still negative at -74.24%, reflecting medium-term pressure that needs to be digested, the short-term upward trend is clear.
The bullish logic is straightforward—if the price stays above $0.01750 and doesn’t break down, this rally remains alive. As for short-sellers, honestly, now is not the time to participate. Going against the trend when the price hits new highs will likely result in being crushed by the market, which is not worth the risk. For longs, patience is key; the real opportunity lies in low-entry points during pullbacks, allowing for a more secure capture of the gains from this rally.
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HEMI's recent market movement has been quite solid. Starting from the lowest point at $0.01720, the price has been oscillating between $0.01750 and $0.01800, seemingly uneventful on the surface but with underlying currents surging—each dip is met with strong buy orders holding the line. This phenomenon indicates that the support at the bottom is quite robust.
The breakout was aggressive. It surged to a new high of $0.01851, then pulled back slightly to $0.01809, but the 24-hour increase remains at 3.02%. More importantly, the trading data is impressive: 24-hour trading volume exceeded 3.26 million USDT, with a turnover of 184 million, showing significant momentum, especially during the sprint phase—classic signs of large capital involvement. The previous consolidation zone was essentially a buildup by the bulls for the final push.
**How to participate?**
Honestly, don’t rush to chase the high. The best entry point is to wait for a pullback to the $0.01770-$0.01790 range. Small positions for testing the waters will be more prudent. After all, positioning near the recent key support levels provides psychological confidence.
Regarding profit targets, consider phased goals: first aim for $0.01820 as the initial take-profit point. If the trend continues smoothly, hold on and target $0.01840. If the previous high of $0.01851 can be broken again, further upside to $0.01860 is also reasonable.
Risk management cannot be relaxed. Set your stop-loss at $0.01750. If the price falls below this level, the short-term upward momentum is likely to weaken significantly. Take profits when needed—don’t hold onto hope for a rebound.
**Personal opinion**
The reason HEMI can break new highs this time is fundamentally due to the accumulation of bullish strength reaching a critical point. Supporting data: a 2.03% increase over 7 days, and a 20.20% increase over 30 days. This accelerating trend indicates a strengthening momentum. Although the 90-day change is still negative at -74.24%, reflecting medium-term pressure that needs to be digested, the short-term upward trend is clear.
The bullish logic is straightforward—if the price stays above $0.01750 and doesn’t break down, this rally remains alive. As for short-sellers, honestly, now is not the time to participate. Going against the trend when the price hits new highs will likely result in being crushed by the market, which is not worth the risk. For longs, patience is key; the real opportunity lies in low-entry points during pullbacks, allowing for a more secure capture of the gains from this rally.