$HOME has been quite active in the market recently, successfully attracting a lot of attention.

It has successively listed on top exchanges like Binance and has sparked a wave of discussion in the community through airdrops, reward programs, and other activities. Many influential figures in the industry have also begun to pay attention to and discuss this project.

However, from the perspective of market performance, the trend of $HOME is not very optimistic.

On the daily chart, after the big bullish candle on June 10, it has been on a downward trajectory.

Although there is some support around 0.024, overall it is still in a weak state. In terms of technical indicators, the MACD has been below the zero line, the RSI is hovering around 30, and the moving average system shows a bearish arrangement, all indicating that the market is currently quite weak.

In terms of trading volume, the performance of $HOME

is also unsatisfactory, showing a continuous shrinking trend.

Large funds are mostly in a wait-and-see state, and market trading activity is not high.

Although the funding rate in the Binance contract market has dropped to -1% and the short selling power is relatively strong, the oversold indicators also suggest the possibility of a technical rebound in the future.

Overall, the $HOME coin project direction aligns with the current trend of simplifying DeFi, but whether the subsequent development can proceed as smoothly as expected remains to be seen, and further observation of its future performance is needed.

Currently, the market is quite volatile, and I personally suggest waiting and observing.