$HOME Rebound from Strong Support! Ready to Grab Profit? 🚀
Hello Square residents! Altcoin Radar is back again. This time we are monitoring the movement of HOME/USDT which is starting to show signs of life after a long consolidation.
Based on our radar observation in the 1H timeframe, there are several interesting points that you should pay attention to:
🔍 Radar Analysis:
Bullish Momentum: The price has managed to stay above the cluster of Moving Averages (MA50 & MA20). This is a great signal for those looking to find a rebound momentum.
MACD Golden Cross: The MACD indicator has just confirmed a positive crossover above the zero line. This means that buying power is dominant again!
Healthy RSI: The RSI at level 57 indicates that the price is not overbought yet, there is still room for an upward 'breath'.
🎯 Trading Plan (Monitoring Area):
Entry: $0.03050 - $0.03080
Take Profit:
TP1: 0.03134
TP2: 0.03200
Stop Loss: Below 0.03010 (Just in case the trend breaks)
Remember, always use strict risk management. The volume is stable but has not exploded yet, so don’t go all-in right away!
What do you think? Will $HOME break its strong resistance today or will it retreat? Write your opinions in the comments section! 👇
#Home #AltcoinRadarID #CryptoAnalysis #BinanceSquare #Write2Earn

