The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.001982000 is likely expected.
Caution: A possible change in the direction of resistance at 0.002117000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘RSI fall below 70’ indicator layout is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002358000 |
| 2nd High | 0.002121000 |
| Next High | 0.002117000 |
| Current Price | 0.002084000 |
| Next Low | 0.001982000 |
| 2nd Low | 0.001939000 |
| 3rd Low | 0.001900000 |
0.002117000 – 0.002095000 – 0.002116000 – 0.001982000 – 0.001939000 – 0.001994000 — 50.29981500721 – 46.95811006396