📉 Today, the token HOME is showing a sharp decline — down 9.56% and trading at $0.0244. The minimum for the day is $0.02424, and the maximum is $0.02778. Is this a signal or panic? Let's figure it out 👇
📊 Daily chart analysis:
After a short phase of growth to $0.03632, the coin is rapidly losing positions.
In recent days, we see a confident downward trend with decreasing volumes and candles with long wicks — this is a sign of uncertainty and capitulation of buyers.
Today's candle is nearly at the minimum value — $0.0232, which may indicate the formation of a bottom or the beginning of accumulation.
📈 Volumes speak loudly:
HOME: 342.31 million 🔥
USDT: 8.90 million
This may indicate speculative interest, especially considering that the coin is new in the DeFi segment and is currently on sale.
🔍 What this might mean for a trader: ✅ Opportunity to enter the zone of strong overselling
⚠️ But without volume confirmation and a reversal candle — the risk is high!
🧠 Tip: Keep an eye on the coming days. When the reversal and volume increase — it could be a strong bounce.
If it breaks down below $0.0232 — we expect a new support zone, possibly around $0.0200.
💬 Write in the comments: — Did you buy HOME?
— Do you think this is the bottom or will it go even lower?
— Or are you just watching from the sidelines?
🔁 Share this post if you want your friends not to miss this DeFi signal!
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