BOME encounters a resistance level of 0.01, with weak rebound and bearish sentiment rising again!
Following yesterday's analysis, BOME has retraced after hitting high resistance, and the current trend is bearish. The EMA is still showing a downward trend, indicating instability in upward momentum, as the price is pushed back upon touching 0.01, with resistance clearly evident. Short-term retracement pressure is significant, and the primary outlook remains bearish.
The market direction is still uncertain, but the decline continues. Want to know more about BOME's developments? Don't forget to follow Lao Chen and stay in tune with market movements!
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