$BOME BOME/USDT Technical Analysis (1H Chart) & Trade Setup 🟩
🔥 Key Levels:
Resistance: $0.002308
Support: $0.001928
Current Price: $0.002280
Moving Averages (MA):
MA(5): $0.002278
MA(8): $0.002267
🔥 Market Trend & Analysis:
1. Price Action:
The price has surged from $0.001928 (support) to $0.002308 (resistance).
Currently, it is consolidating near its 24H high, showing potential for continuation.
🔥 2. Moving Averages:
Price is above both MA(5) and MA(8), indicating bullish momentum.
The MAs are sloping upwards, further strengthening the uptrend signal.
🔥 3. Volume & Trend:
The price is experiencing a strong upward movement, with buyers in control.
There is no significant rejection yet, meaning the bullish trend could continue.
🎯 Final Decision: LONG Position
Entry Price: $0.002250 - $0.002270 (Pullback Zone)
Target (Take Profit - TP): $0.002400 - $0.002450
Stop-Loss (SL): $0.002180
✅ Reasoning for LONG:
Bullish structure with higher highs and higher lows.
Price above moving averages.
Volume and trend support further upside.
💡 Conclusion:
A long position is recommended, targeting $0.002400 - $0.002450, with a stop-loss at $0.002180 to manage risk.
⚠️ Disclaimer !
This is just educational purpose only always take final decision base on your own research because crypto market is inherited risky & highly Volatile .
#BOME