The $BOME /USDT market is currently showing a sharp upward move, trading at $0.009406 USDT, marking an increase of +8.92% in the last 15 minutes.

The price hit a high of $0.009437 USDT after rebounding from a daily low of $0.008595 USDT, indicating strong buying momentum. The RSI is currently in the overbought zone at 88.09, signaling the possibility of a pullback.

Immediate resistance lies at $0.009437 USDT, and a breakout above this level could lead to a further rally. Key support is found at $0.008933 USDT, and a drop below this could trigger some selling pressure.

Traders should monitor for a potential pullback before considering an entry. A safe entry point would be around $0.009000 USDT, with targets set at $0.009200 USDT, $0.009400 USDT, and $0.009500 USDT.

A stop-loss can be placed below $0.008900 USDT to protect against downside risk. Given the sharp rise, careful monitoring is required to gauge whether the momentum will sustain.

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