$HOME
USDT BEARISH BREAKDOWN – SELLERS HOLDING STRONG
$HOMEUSDT is showing clear bearish momentum as it continues its downtrend on the 1H chart. After failing to hold above the minor resistance, price has been consolidating near lows, signaling a potential continuation of the sell-off if support breaks.
🔑 Key Levels:
Resistance: $0.01940 – $0.01960
Support: $0.01883 (24h low), potential next support near $0.01850
Current Price: $0.01911
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📉 Trade Setup (Short):
Entry: $0.01910 – $0.01930
Targets:
🎯 TP1: $0.01880
🎯 TP2: $0.01850
🎯 TP3: $0.01820
Stop Loss: $0.01965 (Above resistance rejection zone)
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🌐 Market Outlook:
Momentum remains bearish with continuous lower highs and lower lows. If the support at $0.01883 breaks with volume, expect further downside acceleration towards $0.01820 in the coming sessions.
⚠️ Risk Management:
Trade with strict position sizing and adhere to your stop loss. Avoid over-leveraging as volatility can lead to unexpected wicks.
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