HOME jumps 10% as chart squeeze tightens—$0.077 ATH back in the chat 🏠

HOME, the native token of DeFi App, a protocol built to simplify DeFi interaction, climbed more than 10% over the past day, putting its $0.077 all-time high set on June 7 back within the conversation. The price has been trading inside a symmetrical pattern formed by a horizontal support line and a descending diagonal resistance line converging toward a single apex, a structure typically associated with a subsequent breakout.

In the early hours of June 16, HOME tested the descending resistance line and met only a slight rejection, indicating limited selling pressure at that level. The same line previously capped rallies and triggered sharp declines on the two prior occasions when price reached it. This time, momentum indicators are flashing a different signal: the moving average convergence divergence (MACD) has printed a golden cross, with the blue MACD line rising above the orange signal line and trending higher, while the Money Flow Index tracks liquidity as bullish as capital rotates back into the token.

From the current move, the chart's nearest identified target sits at $0.04, followed by $0.05. Beyond the short-term setup, the daily timeframe keeps the longer-term bullish case in view, contingent on price holding a blue-boxed demand zone that previously acted as resistance on three separate occasions between November 2025 and March 2026 before HOME cleared it in June to print the $0.077 high. A 143% rally from the breakout channel level would be required to revisit that prior peak.

The accumulation/distribution line, which had reflected heavy selling totaling 8.35 billion HOME in volume over time, has since flattened. Short-term price action will determine whether the long-term rally scenario remains intact or fades.