Is $HOME at $0.0043 finally setting up a reversal, or is this just the next leg down? 👀
It’s down 15.49% today, with $1.07M in volume, and the last 4h candle window got smoked another 17.1%.
But RSI(14) is sitting at 19. That’s deeply oversold, while volume is running 1.6x the 20-day average. Shorts are even paying funding at -0.004%.
Still, price is below both the 20D and 50D averages. Bearish stack.
At $0.0043, I’m not chasing the first bounce. I want to see whether sellers get absorbed there, especially with $ETH staying firm. A reclaim matters more than an oversold indicator. 🔥
#HOME #Crypto #CryptoNews
It’s down 15.49% today, with $1.07M in volume, and the last 4h candle window got smoked another 17.1%.
But RSI(14) is sitting at 19. That’s deeply oversold, while volume is running 1.6x the 20-day average. Shorts are even paying funding at -0.004%.
Still, price is below both the 20D and 50D averages. Bearish stack.
At $0.0043, I’m not chasing the first bounce. I want to see whether sellers get absorbed there, especially with $ETH staying firm. A reclaim matters more than an oversold indicator. 🔥
#HOME #Crypto #CryptoNews