$HOME Bounce Attempt in Progress, But Facing Key Resistance
$HOME saw a strong rebound from the $0.02325 level on high volume, signaling renewed interest. However, the price is currently stalling just below the $0.02380 resistance. Bulls will need a decisive breakout above this level to maintain upward momentum. Without it, a pullback toward support could follow.
Key Levels to Watch:
Resistance:
$0.02380 – Immediate resistance
$0.02450 – 24-hour high and key breakout zone
Support:
$0.02340 – Intraday support level
$0.02315 – Daily low and key base support
Trade Setup: Wait for Confirmation
Bullish Scenario: Enter on a confirmed break and close above $0.02380
Target 1: $0.02420
Target 2: $0.02450
Bearish Scenario: Enter if price breaks below $0.02340
Target 1: $0.02315
Target 2: $0.02280
A quick move is likely. The recent volume surge points to strong market interest, but the direction will depend on how price reacts around the $0.02380 resistance level.