HOME Bulls Defending Structure Despite Pullback
$HOME remains in a bullish market structure after a strong impulsive rally. The current pullback looks like profit-taking rather than a trend reversal. Holding above key support could trigger the next leg higher.
Trade Plan
Direction: Long
Entry: 0.00940–0.00970
Target 1: 0.01030
Target 2: 0.01100
Target 3: 0.01180
Stop Loss: 0.00890
The trend remains bullish while price stays above support. Wait for bullish confirmation before entering and avoid chasing if volatility increases.
$HOME remains in a bullish market structure after a strong impulsive rally. The current pullback looks like profit-taking rather than a trend reversal. Holding above key support could trigger the next leg higher.
Trade Plan
Direction: Long
Entry: 0.00940–0.00970
Target 1: 0.01030
Target 2: 0.01100
Target 3: 0.01180
Stop Loss: 0.00890
The trend remains bullish while price stays above support. Wait for bullish confirmation before entering and avoid chasing if volatility increases.