š $HOME /USDT BEARISH ANALYSIS ā SELL PRESSURE NEAR SUPPORT
$HOME is trading at $0.0406 (-5.65%), struggling to recover after failing to sustain above the 24h high $0.0437. Price is hovering just above its 24h low $0.0397, signaling weakening bullish interest and potential downside continuation if support breaks.
š Key Levels:
Immediate Support: $0.0400
Major Support: $0.0397 / $0.0385
Resistance: $0.0414 / $0.0425 / $0.0437
š” Trade Setup (Short Bias):
Entry: $0.0410 ā $0.0415 (on rejection near resistance)
Take Profit (TP): $0.0400 / $0.0397 / $0.0385
Stop Loss (SL): $0.0426
āļø Risk Management:
Use strict 1ā2% risk per trade. A daily close above $0.0437 could flip momentum bullish, invalidating this short setup.