HMSTR/USDT Breaks Key Support Amid Surging Volume

Summary
• Price formed a bearish engulfing pattern near 0.000192–0.000193, followed by a pullback below key support.
• MACD and RSI signaled weakening bullish momentum, with RSI approaching oversold levels.
• Volatility expanded as price dropped below 0.000191, with intraday volume surging above 500 million.

Hamster Kombat/Tether (HMSTRUSDT) opened at 0.0001911 on 2026-02-01 12:00 ET, hit a high of 0.0001948, and a low of 0.0001826, closing at 0.0001884 on 2026-02-02 12:00 ET. The pair saw a 24-hour volume of ~547 million and a notional turnover of ~104,500 USD.

Structure & Moving Averages

Price tested 0.000192–0.000193 as resistance, forming a bearish engulfing pattern before breaking below 0.000191. On the 5-minute chart, the 20-period and 50-period moving averages both trended downward by the close, reinforcing bearish control.

Momentum Indicators

MACD turned negative midday, confirming the downward shift in momentum. RSI dipped into oversold territory below 30, suggesting potential short-term support at 0.000187–0.000188.

Volatility and Volume

Bollinger Bands widened as price dropped below the lower band after 20:00 ET. Volume spiked above 500 million, confirming the bearish move. Notional turnover increased in line with price declines, showing aligned buyer and seller sentiment.

Fibonacci Retracements

The pullback from 0.0001948 to 0.0001884 aligned with the 61.8% Fibonacci retracement level. A break below 0.000187 could target 0.000184–0.000185 on the 24-hour chart.

The market appears to be consolidating after a sharp decline, with a potential short-term bounce expected from oversold RSI levels. However, bearish momentum remains strong, and a break below 0.000187 could accelerate further selling. Investors should closely monitor volume and order flow for confirmation of renewed bullish intent.