I believe that partners holding BOME should feel a bit disheartened.
In the past few days, the MEME sector has shown some signs of recovery, with most MEME coins having experienced a strong upward trend, but BOME is still oscillating at the bottom range. Today's rebound is still being suppressed by the resistance level from half a year ago.
As a legendary MEME coin, it took only 3 days from its inception to being listed on Binance, but it peaked upon listing and hasn't reached those heights since.
Similarly, I have been closely monitoring BOME's price movements over the past six months, especially the resistance level around 0.012, but I've yet to see a good opportunity arise.
However, from the current perspective, although the upper resistance remains, the lows are gradually rising, which is a positive sign.
I believe BOME's lack of a significant rally is primarily due to retail investors getting in too early, occupying positions too soon, which left the main players with insufficient chips. Retail investors, being already on board, are unable to push the price higher, leaving BOME in a rather awkward position.
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