How BOME is a scam, manipulators trap shorts/longs at the same time (and of course all holders), especially $BOME with the help of Binance. Such garbage coins are scamming users
1. Create false breakouts in both directions (up and down).
2. Use large orders to move the price and then quickly remove them.
3. Use key technical levels to automatically trigger stop losses.
4. Create FOMO (fear of missing out) and FUD (fear, uncertainty, doubt) loops!
They do this through private bots when afk, which is why it will perfectly scam everyone when the bot is set up, so let's ignore suspicious coins as much as possible, or play the game in a smarter way.
This is my own conclusion based on market patterns and indicators (especially altcoins), please do your own research.