With this candle, the market just dropped the pretense!
📉🔥 A few days ago before bed, I saw
$HOME still holding strong at highs, seemingly about to push further, but the more I looked, the more hollow it seemed.
Volume didn't follow, the bounce didn't sustain, each time it went up it got pushed back. At that time, I judged this wave was more like a bull trap, not suitable for chasing longs.
Before the market fully kicked off, I watched HOME's support, and found that when it went up no one bought, and resistance softened on contact 👀
So I opened a short near 0.02591, waiting for the