HOME/USDT has broken out of a descending channel, signaling a shift in market sentiment and buyer strength. The cryptocurrency's market capitalization has risen to $85 million, indicating steady accumulation and increased investor confidence. The price has consolidated above $0.025, supporting a potential bullish continuation.
The breakout from the descending channel, which had constrained price action for months, suggests seller exhaustion and renewed buying demand. Strong bullish candles and increased volume confirm the breakout's technical validity, with projections targeting the $0.04–$0.045 USDT region based on channel height and prior resistance levels.
In the past week, HOME/USDT has shown controlled bullish momentum, with early dips absorbed by buyers, leading to a decisive upward movement. The market cap's growth from the mid-$70 million range to over $80 million reflects fresh capital inflows, reinforcing investor confidence and supporting the bullish trend.
HOME/USDT Breaks Descending Channel, Targets $0.045 Resistance
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