Support levels were the August and September wick highs. When BOMEUSDT (Book Of Meme) hit a major high in October, on the way down, these two levels worked as support. It took two weeks for these levels to break. Once broken, the pair is confirmed bearish.
➖ BOMEUSDT is trading below support; now turned resistance; the purple lines on the chart. Book Of Meme below resistance = crash.
You can see the targets on the chart. The next/lower support levels are marked with orange rectangles. It can go lower.
Thank you for reading.
I'll see you tomorrow.
Namaste.
If you want coin analysis like BTC , ETH , SOL , DOGS , PEPE , SHIB ....etc just follow me
