๐ Current Price: $0.008995 (+15.87% 24H)
The BOME/USDT pair has shown strong upward momentum, with a 24-hour high of $0.009198. Letโs dive into the technicals and explore key targets:
1. Target 1: Resistance at $0.0095
The immediate target for BOME is at $0.0095, close to the recent high. This level acts as a key resistance zone, and breaking above it could lead to a sustained rally. Traders should watch for increased volume at this point to confirm breakout potential.
2. Target 2: Support at $0.0080
On the downside, the nearest support is around $0.0080. This level corresponds with the SAR indicator at 0.007881, suggesting that if BOME retraces, this level could serve as a good entry point for buyers. Itโs crucial to monitor the strength of the support here, especially if there is a dip in buying pressure.
3. Target 3: Potential Bullish Run to $0.0105
If the bullish trend continues, BOME could aim for a longer-term target of $0.0105. This aligns with the upper Bollinger Band and past high-volume zones. The RSI and MACD indicators will help confirm if thereโs enough momentum to push to this level.
๐ Key Indicators:
SAR (0.02, 0.2): 0.007881 suggests current bullish momentum remains intact.
MACD: A bullish crossover indicates strong upward momentum.
RSI: Keep an eye on overbought signals, as BOME approaches resistance levels.
#BOME #Binance #Crypto #MemeCoinTrending #BTCUptober