It is worth keeping $HOME in EARN right here on Binance at this moment. It is paying 40% APY.
HOME is a DeFi token with good visibility, strong institutional support, excellent volume, and balanced tokenomics.
Despite the recent decline, it remains an attractive position for those looking for diversification and profits with the token held short-term awaiting appreciation.
Ten billion HOME tokens were created, with 2.72 billion currently in circulation.
The daily chart of $HOME continues in a short-term downtrend, very clear, with lower highs and lower lows and moving averages pointing downwards. The price is touching a very important support region at 0.0263, which has held during recent drops. If it loses this region, the scenario worsens and opens the way to look for 0.023 or even 0.020, where there is another stronger support.
On the other hand, the asset is beginning to enter oversold territory on the RSI, both short-term and medium-term, which may generate some rebound, but there is still no clear reversal signal. The MACD remains negative, with the histogram increasing, showing that the selling pressure is still in control.
The key point now is to observe whether this 0.026 region holds and if a strong candle appears, such as a hammer, bullish engulfing, or any reversal pattern, coupled with an increase in volume. If this happens, it could generate a very interesting trade looking at 0.030 as the first target and 0.033 as the second, where a very relevant resistance of the moving averages is located.
For now, it is a cautious scenario. The decline is slowing down, but the market has not yet shown enough strength to reverse the trend. Be very attentive to the price action in the next 24 to 48 hours.
