HEMI latest price is 0.01771, down 8.62% from the previous period. From a technical perspective, the downtrend is still continuing, with 85 consecutive K-lines forming a downward pattern. The price is currently hugging the trendline, which has become a strong resistance level.

Looking at support, the area below is currently empty with no obvious support cushion. Regarding resistance, R1 is at 0.01771 (current price level), R2 is at 0.01813, and R3 is at 0.01829.

From a trading perspective, if the price rebounds, it could be a good opportunity to enter short positions. However, pay attention to one level——0.01785. Once the price breaks above this level effectively, short positions should consider reducing or closing positions. This is a warning signal.

The current risk is that the price is clinging tightly to the trendline and could break through at any time. Once a breakout is confirmed, a rapid rebound is completely possible. Short traders should be especially cautious in such situations.