Oct 10, 2024
Oct 10, 2024
HMSTR token drops 50% after reaching $0.01004 on September 26 raising concerns.
HMSTR trades around $0.00424. Will $0.0041 become the support level, or will the token drop further?
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With 64.37 billion tokens in circulation and no burn mechanism, inflation pressures weigh heavily on HMSTR's price.
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The MACD and 20-day SMA indicators point to further downward movement for the HMSTR token.
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A descending wedge pattern may lead to a reversal. $0.0035 could be the next target.
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