The 1D timeframe is showing a classic bullish falling wedge pattern taking shape. This type of consolidation typically precedes strong breakout moves in the market.
If HOME manages to break above the wedge resistance, we could be looking at a potential 75-80% price surge based on the wedge's amplitude and market structure. The formation itself is looking pretty clean, which is usually a good sign for traders watching this setup.
Monitoring the breakout confirmation will be key here—volume and momentum during the break will tell us whether this play has real legs or just fizzles out. Keep an eye on how the next few candles develop.
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ForkMonger
· 5h ago
yo, falling wedge = governance time bomb waiting to pop. nobody talking about protocol economics here smh
Reply0
WalletDivorcer
· 5h ago
Wedge is back again, it's all about wedges every day, so annoying.
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CoinBasedThinking
· 5h ago
Shaft break? It depends on whether the trading volume is strong enough.
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BearMarketSurvivor
· 5h ago
In plain terms, the 75-80% figure sounds quite dreamy, but there are actually very few who can really benefit from it. The key is whether the trading volume can keep up; the biggest fear in this battlefield is a false move.
HOME Chart Update 📊
The 1D timeframe is showing a classic bullish falling wedge pattern taking shape. This type of consolidation typically precedes strong breakout moves in the market.
If HOME manages to break above the wedge resistance, we could be looking at a potential 75-80% price surge based on the wedge's amplitude and market structure. The formation itself is looking pretty clean, which is usually a good sign for traders watching this setup.
Monitoring the breakout confirmation will be key here—volume and momentum during the break will tell us whether this play has real legs or just fizzles out. Keep an eye on how the next few candles develop.
#HOMEUSDT #cryptocurrency #trading