Historical replay · HEMI/USD
Hemi's Shakeout and Recovery: A Dip to a Seven-Week Low, Then +35% (October 2026)
On October 7, 2026, Hemi's HEMI token dropped to its lowest price since mid-August in the early hours, then rallied 35% from that low in three separate bursts, closing up 13.7% on about 20 times the previous day's volume.
Hemi is a network designed to connect Bitcoin and Ethereum, so that applications can use bitcoin inside smart contracts. Its HEMI token began trading on Binance in September 2025 and fell to an all-time low of $0.0040 in July 2026. After a spike to $0.0098 in early September, it drifted back to around $0.0058 by early October, on volume that had shrunk to around $1 million a day or less.
The replay begins on the evening of October 6, when almost nothing was happening. In the 02:00 UTC hour on October 7, HEMI suddenly dropped to $0.00521, its lowest price since August 15, before snapping back to $0.0056 within the same hour. Moves like that, a quick drop through recent lows on thin volume, are often called shakeouts, because they trigger stop-loss orders and push weak holders out.
The rally came in three bursts. At 07:00 UTC, HEMI rose 7.6% to a high of $0.00615 on $2.6 million of volume, then gave back 4.2% the next hour. At 16:00 UTC it jumped 7.8% to $0.0066 and kept climbing to $0.00674 at 18:00 UTC. The final push, in the 21:00 UTC hour, reached $0.00703, 35% above the early-morning low. HEMI closed at $0.00664, up 13.70%, its highest close since September 18, on $14.2 million of volume — about 20 times the day before.
Watch how each burst on October 7 was followed by a partial pullback rather than a full reversal, and how each pullback held above the point where that burst had started. Early on October 8, HEMI eased back to $0.0061-$0.0064, giving up part of the final burst. For anyone studying the pattern, the early-morning low is the key reference: as long as it holds, the shakeout reading stays valid.