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$HEMI
Uh oh, did we just catch a falling knife?
This sell-off's been brutal, no way around it.
Seeing a little green popping up here around the 0.037 zone. Feels like the price is trying to put in a temporary floor after that hard drop from 0.041.
The volume on that last hourly candle wasn't exactly screaming "REVERSAL," though.
We need to hold this level, or we're probably testing down toward the daily low around 0.0369.
If the bulls can get this thing back over 0.038, maybe we see a bounce, but right now, it's a tight spot. Caution is key here.
What's your gut telling you? Bounce or bust?
#Hemi #SpotETFApprovalUpdates