HIMS has just broken through the initial support zone, signaling a bearish momentum. Based on the current price action, it appears to be retracing toward the 99-period simple moving average, which we previously identified as a key level. Traders monitoring this pair should keep an eye on this support level—if HIMS maintains stability around that zone, it could present an attractive entry opportunity for those looking to position long. Watch the reaction at the 99smma closely for potential bounce signals.