BOME/USDT – 1H – SELLThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.008910000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.010141000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.009442652 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 0.010141000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.011167000 |
| 2nd High | 0.010537000 |
| Next High | 0.010141000 |
| Current Price | 0.009929000 |
| Next Low | 0.008910000 |
| 2nd Low | 0.008714000 |
| 3rd Low | 0.008311000 |