🔥 $BOME Long Liquidation Alert! 🔥

A significant $9.1072K long liquidation just happened at $0.00699 for Bome (BOME).

This indicates that bulls are getting squeezed, and the price might drop further. Let’s break down what could come next and how to position for potential profits!

Market Overview

Liquidation Level: $0.00699

Trend: Bearish pressure after the long squeeze.

Volume: Increasing, signaling that more selling could follow.

$BOME Trading Plan

1️⃣ Sell Zone:

Consider selling or shorting between $0.00690 - $0.00700. This is a key resistance range, and sellers may continue to push the price lower.

2️⃣ Targets:

Target 1: $0.00650 (First major support level)

Target 2: $0.00620 (Lower support zone if bearish momentum continues)

Target 3: $0.00600 (Aggressive downside target if the bearish trend strengthens)

3️⃣ Stop Loss:

If you decide to short, place a stop loss at $0.00720 to minimize risk if the market turns against you.

Why This Setup Works:

Long liquidations usually lead to downward price pressure due to forced selling.

BOME is currently showing weakness and is likely to test lower support levels.

If selling volume increases, we could see further downside in the coming hours/days.

🚨 Quick Tip:

Always watch the overall market, especially BTC and ETH. If they turn bearish, $BOME could follow suit and drop further.

Disclaimer: This is not financial advice. Always DYOR (Do Your Own Research) before making any trading decisions.

Let’s stay sharp and protect our capital! Need more insights? Feel free to ask!

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