I believe that partners holding BOME should feel somewhat disheartened.
In recent days, the MEME sector has shown some improvement, and most MEME coins have already experienced a strong upward trend, while BOME remains stuck in a bottom range. Today's rebound is still constrained by the resistance level from six months ago.
As a legendary MEME coin, it took only three days from its inception to be listed on Binance, but it peaked upon listing and has not regained that strength since.
Similarly, I have been closely monitoring BOME's price movements over the past six months, particularly the resistance level around 0.012, but I have yet to find a good opportunity.
However, looking at the current situation, although the upper resistance remains, the lows are continually rising, which is a positive sign.
I believe that the lack of significant upward movement in BOME is due to retail investors getting in too early, occupying positions too soon, which has led to the main players not having enough chips, while retail investors, having already boarded, are unable to push the price higher, leaving BOME in a precarious position.
Nonetheless, I believe that the current state is gradually improving, and I will continue to monitor the price around 0.012. If it breaks through this level in the future, I will still consider entering the market to go long! $BOME