Summary
• Price rose from $0.00022 to $0.000227, breaking 20-period 5-min resistance.
• RSI crossed 50 midday, suggesting bullish momentum, but no overbought condition.
• Bollinger Bands tightened late, hinting at potential breakout or consolidation.
• Turnover surged post-17:30 ET with 7.1% price gain in 45-minute window.
• Key support identified at $0.000222 and resistance at $0.000227 based on 5-min swing levels.
Market Overview
Hamster Kombat/Tether (HMSTRUSDT) opened at $0.00022 on 2025-12-07 12:00 ET and reached a high of $0.000232 before closing at $0.000225 on 2025-12-08 12:00 ET. The 24-hour volume was 3.86 billion contracts with $848.8 million in turnover.
Structure & Formations
Price formed a bullish breakout after consolidating between $0.000222 and $0.000225 for much of the session.
A 5-minute bullish engulfing pattern emerged at $0.000225 around 17:30 ET, confirming a short-term reversal. A key support level appears at $0.000222, tested twice in the second half of the session. Resistance is at $0.000227, where a bearish rejection occurred overnight.
Moving Averages
On the 5-minute chart, the 20-period MA crossed above the 50-period MA midday, signaling a short-term bullish bias. Daily moving averages (50/100/200) remain flat to slightly bearish, suggesting price may retest the 50-day line before finding stronger footing.
Momentum and Volatility
RSI climbed from 48 to 55, indicating moderate bullish momentum, but remains below overbought territory. Bollinger Bands narrowed late in the session, signaling a potential shift in volatility. The midday surge saw volume expand to 291 million contracts on the 5-minute chart, confirming the move higher.
Volume and Turnover
Volume and turnover showed a clear divergence after 21:00 ET, when price dropped to $0.000223 despite increased volume. This suggests short-term uncertainty. The largest 5-minute volume spike occurred at 17:30 ET, coinciding with the bullish breakout.
Fibonacci Retracements
A 5-minute Fibonacci analysis of the 17:30 ET–22:00 ET move shows 38.2% retracement at $0.000227 and 61.8% at $0.000224. Price has tested the 61.8% level twice, suggesting it may hold as support in the short term.
Looking ahead, HMSTRUSDT could test $0.000227 for a bullish confirmation, but risks retreating to $0.000222 if momentum fails to follow through. Investors should watch volume behavior near key levels to gauge conviction.
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