HOME was the morning's second-biggest loser — and then it stopped falling.

$HOME is down -13.1% at $0.00432, on $2.5M volume. The high is $0.00501, the low $0.00389.

This morning it was -18.8%, falling in a straight line. Then it hit the $0.00389 area — twice — and bounced. The last few hourly closes tell it: $0.00398, $0.00413, $0.00436, then holding near $0.00430. That is about +11% off the low.

I still could not find a verified news reason for this one. It is a small coin falling with a market that is selling everything — but for now, the low is holding.

The level to watch is $0.00389. If it breaks, the slide starts again. If $0.00440 gives way, the bounce has legs.

A bounce off a low is not a reversal by itself. On a small coin with no news, it is just the first sign the sellers paused.

Do you trust a bounce like this, or do you wait for a second test of the low?

#HOME #Crypto #Binance
Not financial advice.