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Everyone’s still bullish on $HOME /USDT—but the 4h chart just whispered a dirty secret.
$HOME /USDT - SHORT
Trade Plan:
Entry: 0.01672 – 0.01686
SL: 0.01750
TP1: 0.01626
TP2: 0.01590
TP3: 0.01536
Why this setup?
Why now?
- RSI on the 15m is crushed at 27.44—oversold, but not a reversal signal yet.
- 4h bias is SHORT with 55% confidence; price is hugging the 0.01679 entry in a range.
- ATR on 1h is tiny (0.000297), meaning the breakout is coming—and the short setup is armed.
- TP1 at 0.01626 is just -3.1% away; the trap is if we bounce before hitting it.
Debate:
Are we getting a dead cat bounce above 0.01679 or the slide straight to TP2?