Short $HOME overheated, preparing for a correction.
Entry 1: 0.024283-0.029642
Entry 2: 0.029642-0.036649
Entry 3: 0.036649-0.044815
TP1: 4-6% pullback
TP2: expansion after the first pullback
TP3: final target based on momentum
SL: 6-9 percent above levels after volatility calms down
HOME is showing significant pump, confirmed by high RSI values across various timeframes. Current dynamics indicate asset overbought conditions, creating favorable circumstances for opening short positions. The strategy involves stacking positions in the specified zones, using potential pullbacks to lock in profits. It's crucial to closely monitor volatility and set stop-losses accounting for market movements to minimize risks.
Trade $HOME here 👇
DYOR
⚠️ Not financial advice
#ShortSignals #BinanceSquare #FuturestradingSignals #HOME
Entry 1: 0.024283-0.029642
Entry 2: 0.029642-0.036649
Entry 3: 0.036649-0.044815
TP1: 4-6% pullback
TP2: expansion after the first pullback
TP3: final target based on momentum
SL: 6-9 percent above levels after volatility calms down
HOME is showing significant pump, confirmed by high RSI values across various timeframes. Current dynamics indicate asset overbought conditions, creating favorable circumstances for opening short positions. The strategy involves stacking positions in the specified zones, using potential pullbacks to lock in profits. It's crucial to closely monitor volatility and set stop-losses accounting for market movements to minimize risks.
Trade $HOME here 👇
DYOR
⚠️ Not financial advice
#ShortSignals #BinanceSquare #FuturestradingSignals #HOME