🏡 $HOME /USDT Rebounds from 99MA — Is This the Start of a New Climb?
DeFi App’s $HOME token just bounced from its 99MA support at $0.0307, reclaiming key short-term moving averages in a show of strength. A possible trend continuation may be brewing here.
🔍 Chart Highlights:
Price: $0.0334
7MA: $0.0321 ✅ reclaimed
25MA: $0.0336 🔼 next hurdle
99MA: $0.0307 ✅ held strong
💡 Technical Insight:
The pair printed a bullish engulfing candle on the 4H chart, showing demand at the dynamic 99MA base. Momentum is picking up, and a flip of the 25MA could spark further upside.
🎯 Price Targets:
Target 1: $0.0355 — short-term resistance
Target 2: $0.0380 — breakout zone
Target 3: $0.0420 — new leg potential
🛡️ Key Support:
$0.0307 — 99MA must hold
$0.0280 — invalidation zone
🚨 A clear break above the 25MA with sustained volume may kickstart a run toward previous highs. But watch for resistance near $0.035.
