$HOME USDT BEARISH PRESSURE BUILDING – SHORT ENTRY OPPORTUNITY 👀
$HOME USDT is struggling to sustain its recent spike, showing rejection near highs with selling pressure taking over. Bears may take control if it fails to reclaim immediate resistance levels.
🔑 Key Levels:
Resistance: $0.02080 – $0.02100
Support: $0.02020 (near-term), $0.01990 (major support)
Current Price: $0.02048
🎯 Trade Setup (Short):
Entry Zone: $0.02050 – $0.02060
Targets:
• TP1: $0.02020
• TP2: $0.02000
• TP3: $0.01990
Stop Loss: $0.02085 (above recent rejection wick)
📊 Market Outlook:
Despite a sudden bullish spike earlier, the price quickly reversed, indicating fakeout momentum. If sellers continue to defend $0.02080, further downside is probable today.
⚠️ Risk Management:
Always risk a maximum of 1-2% per trade. Follow your stop loss strictly to avoid unexpected drawdowns in such volatile microcap setups.
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buy and trade here on $HOME