#بينانس_سكوير_تعاقب #تحليل_العملات_الرقمية #كريبتو_أنيمي
� Short-term technical indicators @Binance Academy $HOME
Range
• Weekly trend: According to BeInCrypto, the trend is bearish on the weekly frame (MACD below the signal line, RSI below 50, the price moved below resistance ~$0.02051).
• Support and resistance level:
◦ Support: approximately at $0.0205.
◦ Resistance: near $0.0212.
•
• Indicators: Technical signals increase the likelihood of continued selling pressure if the price does not cross below $0.0205.
🧠 Fundamental considerations
• Purpose: HOME is used in the DeFi environment as a governance and gas token; it includes features such as staking and is not linked to real assets like Bitcoin or Ethereum.
• Risks:
◦ The project's transition is unsupported by stable asset (Stablecoin) linking, increasing the likelihood of volatility; especially after a trading surge that led to a larger drop (~-22% from last week).
◦ If the price breaks below support, it may experience a deeper downward wave, especially in bearish market conditions.
◦ It heavily relies on user interaction with the DeFi App and the implemented expansion plan.
•
🎯 Daily trading strategy
• If the price breaks $0.0212–0.0215 with high trading volume → this may be a buying opportunity targeting $0.0225–$0.023.
• In case of breaking support $0.0205–$0.0200 → open a sell/short position with a stop loss above the support.
• Range-bound strategy: Scalping between support and resistance levels with a tight stop loss (<0.5%) and quick profit taking (~0.7–1%).
🚨 Points to watch
• Trading volume: Recently increased by about 7%, providing an opportunity for greater fluctuations during the day.