📚 BOOK OF MEME (BOME) 📚 Opens April Under Strong Bullish Run, Will the Rally Last? 🚀
Despite a downturn in the last week of March, BOOK OF MEME (BOME) has kicked off April with a bang! 🎉 BOME bulls have dominated the scene, securing support at an intra-day low of $0.0139. The surge propelled the price to a seven-day high of $0.01643 before hitting resistance.
At present, BOME is up 9.76%, trading at $0.01543. 📈 BOME's market capitalization and 24-hour trading volume have surged by 9.87% and 25.90%, respectively, to $855,025,793 and $868,455,316.
If the bullish momentum breaks through the $0.01643 resistance, eyes should be on the next resistance levels at $0.0175 and $0.0187. However, failing to maintain the current pace might test the $0.0139 support level once more. 📉
BOME/USD Technical Analysis
On the BOME/USD 4-hour chart:
RSI: Trending downwards at 58.68, hinting at a potential loss of momentum. 📉
MACD: Showing positive trends, indicating lingering purchasing pressure. 📈
BBP: Forming consecutive higher bars in the positive zone, suggesting continued bullish control. 🐂
MFI: In the overbought range at 85.79, signaling a potential short-term drop or consolidation. ⚠️
In essence, while the market remains optimistic, caution is advised due to potential signs of fatigue. 🚨$BOME
