Post

Hxlaw
Hxlaw
$HOME Overall trend: It is still a clear downtrend when MA30 (0.03791), MA60 (0.04305) and MA120 (0.04317) are steeply down and are quite far above the price. Short-term signal: Positive. The price has surpassed MA5 (0.03001) and MA10 (0.02949), with a strong green candle at the end of the session. Volume also increased slightly to support the increase. Important level: • Support: 0.02701 (24h bottom), then 0.02800. • Resistance: 0.03350 – 0.03500 (MA20 area and the nearest peak), followed by 0.03852. Evaluation: This may be a technical reaction (relief rally) after oversold. If it stays above 0.03100 and the volume continues to increase, the price can test MA20. Conversely, losing 0.03000 will return to the main downtrend. It is necessary to follow the next candle to confirm the reversal or just a pullback.

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