The pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.001468000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.001638000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001715000 |
| 2nd High | 0.001714000 |
| Next High | 0.001638000 |
| Current Price | 0.001565000 |
| Next Low | 0.001468000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001638000 – 0.001714000 – 0.001661000 – 0.001468000 – 0.001414000 – 0.001370000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – – Rising Wedge Chart Pattern