Market overview
HOME has strongly broken out of the recent consolidation range and is trading above the resistance area of 0.0195. The strong bullish candle shows buyer interest, indicating continuation if the price holds above the breakout area.
Trading scenario
Potential entry area:
0.0194 – 0.0198
Potential exit levels:
1: 0.0204
2: 0.0212
3: 0.0220
Forecast
As long as the price remains above the support area of 0.0193–0.0194, the bullish momentum remains intact. A clean hold above 0.0200 could open the door for further increases toward higher targets.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not encourage trading in futures contracts or any prohibited transactions. The goal is to clarify potential market movements, not to provide a direct recommendation to buy or sell.
💡 Important notes:
- This analysis is for educational purposes only.
- Please study the market and make decisions based on your ability and risk tolerance.
- The author is not responsible for others' trading or their profit outcomes.