✅ Trading strategy for June 16 – Small-cap Altcoins: HOME, RESOLV, SOPH
⚠️ General warning: These coins are highly volatile and can be easily manipulated in price according to BTC. Do not hold positions if BTC suddenly fluctuates beyond the range of 104,300–106,200.
⸻
6. HOME/USDT
• Short (prioritize when hitting resistance):
🔹 Entry: 0.02665
🔹 SL: 0.02710 (above the nearest peak in the 1h frame)
🔹 TP: 0.02520
🔸 Slight downward sideways, short according to the medium-term trend
• Long (note low volume, only suitable for quick bottom fishing):
🔹 Entry: 0.02440
🔹 SL: 0.02360
🔹 TP: 0.02650
⸻
7. RESOLV/USDT
• Short:
🔹 Entry: 0.256
🔹 SL: 0.272 (above the resistance of the H1 candle cluster)
🔹 TP: 0.238
🔸 Probability: ~65% if BTC does not strongly rebound
• Long (only watch for strong reaction at support):
🔹 Entry: 0.238
🔹 SL: 0.230
🔹 TP: 0.252
⸻
8. SOPH/USDT
• Short:
🔹 Entry: 0.0475
🔹 SL: 0.0500 (above the nearest recovery peak)
🔹 TP: 0.0435
🔸 Signs of creating a bearish divergence in the 1h frame, so prioritize shorting
• Long (prioritize bottom fishing when there is a strong reaction):
🔹 Entry: 0.0434
🔹 SL: 0.0423
🔹 TP: 0.0465
⸻
📌 Brief summary:
• Prioritize Short for all 3 coins if they have not broken out of the resistance area.
• Long is only for quick recovery reactions, do not hold positions if BTC shows signs of breaking below 104,500 or exceeding 106,200.
• For small coins like HOME/RESOLV/SOPH, a decisive SL using market order is required to avoid slippage.