BOME continues to fluctuate, can it welcome a rebound?

Market Analysis

BOME has recently seen significant volatility, with prices hovering in the low range and rebound momentum being weak. Currently, it is in a slight sideways movement, with trading volume shrinking, and market sentiment remains cautious in the short term.

Support and Resistance Levels

• Support Levels: 0.00770, 0.00730, 0.00690

• Resistance Levels: 0.00830, 0.00870, 0.00920

Short-Term Trading Strategy

Long Strategy:

• Entry Point: 0.00770

• Add Position Point: 0.00730

• Stop Loss Point: 0.00680

• Take Profit Targets: 0.00830, 0.00870, 0.00920

Short Strategy:

• Entry Point: 0.00830

• Add Position Point: 0.00870

• Stop Loss Point: 0.00930

• Take Profit Targets: 0.00770, 0.00730, 0.00690

$BOME

My Prediction

Currently, BOME's rebound strength is insufficient, and it may continue to test the support levels below in the short term. It is recommended to short at highs and wait for market sentiment to improve before making further operations.

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