BOME continues to decline, is a rebound opportunity approaching?
Opportunities brewing at low levels, analysis of support zones!
Investment strategy interpretation that you might regret missing, take a quick look!
Market Analysis
BOME is currently in a downward channel, but there are signs of stabilization in the short term, with strong support below and market sentiment gradually recovering. A slight rebound may occur in the short term, but the overall trend still needs to be observed for volume confirmation.
Support and Resistance
• Support Levels: 0.00600, 0.00550, 0.00500
• Resistance Levels: 0.00650, 0.00700, 0.00750
Short-term Trading Strategy
1. Long Position Plan
• Open Position: 0.00610
• Add Position: 0.00560
• Stop Loss: 0.00490
• Take Profit: 0.00650, 0.00700, 0.00750
2. Short Position Plan
• Open Position: 0.00650
• Add Position: 0.00700
• Stop Loss: 0.00760
• Take Profit: 0.00610, 0.00560, 0.00500
My Prediction
I lean towards going long, as the current price is close to an important support area, and the probability of a short-term rebound is high, suggesting a phased approach to accumulating low-position long orders.
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