Bearish signal with 95% confidence, will $HOME /USDT break the previous low this time?



HOME_USDT - Short

Trading Plan:
Entry: 0.01589 – 0.01599
SL: 0.01641
TP1: 0.01559
TP2: 0.01535
TP3: 0.01499

Why focus on this structure?
- The 4-hour cycle confirms the bearish trend, the daily trend is bearish, and larger timeframe resistance is significant.
- Current price 0.01594, hugging EMA resistance, 15-minute RSI only 57.63, insufficient rebound momentum.
- Why now? ATR shows low volatility; once support at 0.01589 is broken, the probability of bearish acceleration is high.
- TP1: 0.01559, TP2: 0.01535, stop loss 0.01641, risk-reward ratio over 2:1.

Discussion:
Will it first hit TP2, or fakeout rally then drop?
HOME-0.69%
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