$HOME Testing Support with Weak Momentum: Breakdown or Recovery?
HOME is trading around 0.02475 after failing to break above local resistance. Price action is leaning bearish with lower highs forming and volume fading. A breakdown from this consolidation range could trigger short-term downside.
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 timing entries. False breakouts are possible in this compressed zone.