🔥 $HOME approaching resistance R3 — will we see a rejection?
🔴 $HOMEUSDT at 0.01111, and very close to resistance R3: 0.01110 after a positive move on the 5-minute timeframe.
📊 Analysis: The current area may see profit-taking or a price rejection.
🎯 Recommendation: Don’t chase the price; it’s better to wait for confirmation of a breakout of 0.01110 and consolidation above it, or the appearance of a clear rejection before considering a cautious short trade.
⚠️ Risk management is more important than chasing the move.
#$HOME #HOMEUSDT #Binance
🔴 $HOMEUSDT at 0.01111, and very close to resistance R3: 0.01110 after a positive move on the 5-minute timeframe.
📊 Analysis: The current area may see profit-taking or a price rejection.
🎯 Recommendation: Don’t chase the price; it’s better to wait for confirmation of a breakout of 0.01110 and consolidation above it, or the appearance of a clear rejection before considering a cautious short trade.
⚠️ Risk management is more important than chasing the move.
#$HOME #HOMEUSDT #Binance