$HOME is getting bullied on low conviction, not broken 🔥
-20.9% today, -25.7% in the 4h, and price is still only 10% off the bottom of its 30d range. That’s not a clean collapse. That’s shorts leaning on dead volume at 0.6x avg while funding stays negative. 🩸
RSI at 48 and it’s already below the 20d/50d MA stack. Fine. I still think this is closer to a wipeout of weak hands than a real trend change. $0.006240 looks ugly, but ugly is where squeezes start if buyers show up. 🚀
Holding or fading $HOME ?
#HOME
#Crypto
#CryptoNews
-20.9% today, -25.7% in the 4h, and price is still only 10% off the bottom of its 30d range. That’s not a clean collapse. That’s shorts leaning on dead volume at 0.6x avg while funding stays negative. 🩸
RSI at 48 and it’s already below the 20d/50d MA stack. Fine. I still think this is closer to a wipeout of weak hands than a real trend change. $0.006240 looks ugly, but ugly is where squeezes start if buyers show up. 🚀
Holding or fading $HOME ?
#HOME
#Crypto
#CryptoNews