BOME/USDT – 1H – SELLThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.008910000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.010141000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.009442652 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.010141000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.011167000 |
| 2nd High | 0.010537000 |
| Next High | 0.010141000 |
| Current Price | 0.009695000 |
| Next Low | 0.008910000 |
| 2nd Low | 0.008714000 |
| 3rd Low | 0.008311000 |