$HOME saw a sharp flush into the 0.0203 area where buyers stepped in and absorbed the selling pressure. That zone is acting as immediate support for now, with price starting to stabilize after the liquidation event.
On the 5m and 15m timeframe, the structure is showing signs of a base formation. Selling momentum has cooled down, higher lows are beginning to appear, and liquidity around the lows has been absorbed. If buyers maintain control above support, breakout pressure can build toward the next resistance levels.
Entry Point
0.0202 - 0.0205
Target Point
TP1: 0.0210
TP2: 0.0218
TP3: 0.0228
Stop Loss
0.0196
This setup works if support continues to hold and buyers keep defending the recent reaction zone. Reduced selling pressure, improving candle structure, and early momentum recovery suggest a potential relief move toward nearby resistance levels.