Sell BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.

A descent downwards to the next support level at 0.008500000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.010529000 could occur.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 0.009342 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.010529000 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 0.011167000
2nd High 0.010537000
Next High 0.010529000
Current Price 0.009589000
Next Low 0.008500000
2nd Low 0.008155000
3rd Low 0.006731000

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