$BOME The current price of BOOK OF MEME (BOME) is $0.005809. Considering this updated price, here is the analysis based on the composite indicator system:

Moving Average (MA):

The short-term (10-day), medium-term (50-day), and long-term (200-day) SMAs and EMAs still show a bearish trend. Although the price has rebounded to $0.005809, the overall trend is still in a downtrend channel.

Relative Strength Index (RSI):

The RSI has slightly recovered and is still close to the oversold area, but it has not completely left the danger zone, indicating that market sentiment is still weak.

Bollinger Bands:

The price is currently close to the middle line of the Bollinger Bands, indicating that the market may be looking for direction. If the price continues to break through the middle line, it may usher in a short-term rebound.

MACD:

The gap between the MACD line and the signal line has narrowed, but it is still in the bearish zone. It needs to be closely watched for signs of a bullish crossover, which may indicate a rebound in the short term.

Volume Analysis:

Volume has increased, but it is mainly selling, which does not match the rebound in price, indicating that the rebound may be temporary.

Fibonacci Retracement:

Price is approaching the key Fibonacci support level of $0.0058. If it can hold this level effectively, it may provide some support. Otherwise, it may further test the support level below.