HEMI latest price 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 running tight against the trendline, which has become a strong resistance level.

Looking at support, the lower area is currently empty with no obvious support base. For resistance, R1 is at 0.01771 (current price level), R2 at 0.01813, and R3 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 position and sustains the breakthrough, short positions should consider reducing or exiting. This is a warning signal.

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