BOME Oscillation Pullback, Focus on Low Support
Market Analysis
BOME is currently priced at $0.006534, down 0.67% for the day, with prices continuing to consolidate at a low level and trading volume shrinking, leading to fierce short-term speculation. MA(7) has crossed below MA(25), indicating that short-term pressure still exists.
Key Levels
• Support Levels: $0.006470, $0.006000
• Resistance Levels: $0.006881, $0.007100
Trading Suggestions
1. Bullish Strategy: If stabilized around $0.006470, consider light long positions, target $0.006881, stop loss at $0.006300.
2. Bearish Strategy: If a rebound to $0.006881 faces resistance, consider short positions, target $0.006470, stop loss at $0.007000.
Trend Outlook
Short-term oscillation consolidation, pay attention to changes in trading volume. If the support is broken, the price may continue to test lower levels; conversely, stabilizing above the resistance level may trigger a slight rebound.
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