📉 Failed Breakout and Lower High Formation 📌 Support Retest Expected Near $0.0255–$0.0242 Zone
HOME printed a massive wick followed by strong selling pressure, rejecting the $0.034 level. Price is now forming lower highs with declining volume, suggesting buyer exhaustion and potential downside continuation.
🔍 Current Price Action: HOME is trading at $0.02858 after multiple failed attempts to reclaim $0.030. Price is hugging short-term support, and a breakdown below $0.0285 could accelerate selling pressure.
🔻 Trade Setup • Entry Point: $0.02850–$0.02860 • Stop Loss: $0.03005 • Take Profit 1: $0.02550 • Take Profit 2: $0.02420 • Margin: 2–3% of wallet • Leverage: 10x
📊 Market Outlook: The parabolic move appears to be fading, and current structure shows clear distribution. A breakdown from this range could lead to a deeper correction in the short term.