$HOME
Support test with weak momentum:
Collapse or recovery?
HOME is trading around 0.02475 after failing to break the local resistance. Price action is leaning towards a decline with lower highs and fading volume. A breakdown from this consolidation range could trigger a short-term drop.
Key levels to watch
Resistance levels:
• 0.02510 – Minor resistance
• 0.02560 – Breakout confirmation
Support levels:
• 0.02460 – Immediate support
• 0.02400 – Breakdown risk level
Trade setup
Bullish entry: Above 0.02510 with strong volume
• Target 1: 0.02560
• Target 2: 0.02610
Bearish entry: Below 0.02460 with continuation
• Target 1: 0.02400
• Target 2: 0.02350
Watch for volume confirmation. Momentum is weak, so patience is key for entry timing.
False breakouts are possible in this compressed area.