$HOME Facing 200 EMA Resistance After Relief Bounce
Trade Setup: Short
Entry Zone: 0.0335 – 0.0350
TP1: 0.0310
TP2: 0.0280
TP3: 0.0255
SL: 0.0375
Price is trading below the 200 EMA (0.0379) after a sharp collapse from the 0.0775 high. Although buyers have managed to stage a rebound from the 0.0251 low, the recovery remains beneath a major dynamic resistance level. The broader structure still reflects a bearish trend, with the recent rally appearing corrective rather than a confirmed reversal. Failure to reclaim and hold above the 200 EMA could attract fresh selling pressure and lead to another test of lower support zones.
