HAMSTER (HMSTRUSDT): Breakout Ahead with a 50% Profit Target?Last week, HAMSTER's price successfully broke above and closed above a key horizontal resistance level. Currently, it is retesting the previously breached structure.
Signals indicate the potential for a significant move from the critical support level at $0.0038. A bullish flag pattern, closely monitored, is approaching a breakout point above the descending resistance line—potentially marking a pivotal moment.
The next target lies at the key resistance level of $0.0060. If the price holds steady at this level, it could pave the way for a strong bullish rally, mirroring previous upward movements.
However, caution is advised, as a loss of momentum could trigger a decline in price.