$📉 $HEMI drops 13% in 24h, extending a 31% weekly slide amid overall market weakness and token-specific pressure.

Key Factors: 1️⃣ Post-Binance Integration Selloff – Following its Oct 24 Binance network integration (deposits/withdrawals live), traders took profits after a 136% 90-day rally. Volume spiked to $34.3M (+10.7%), signaling strong sell-side pressure.

2️⃣ Aster DEX Incentive Ended – The $400K HEMI/Aster trading competition concluded Oct 24, removing a short-term demand driver. Broader sentiment also weakened (Crypto Fear Index: 31).

3️⃣ Technical Breakdown – Price slipped below key Fibonacci support ($0.05457) and 7D SMA ($0.05339). RSI(14)=31.6 (oversold), MACD histogram at -0.00181 shows bearish momentum, hinting at possible short-term base if BTC stabilizes.

🔍 Deep Dive: #HEMI shows post-event fatigue, fading incentives, and technical weakness—but oversold readings may offer short-term relief.$HEMI #CryptoAnalysis #Altcoins $HEMI