BOME/USDT – 1H – SELLThe combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A descent downwards to the next support level at 0.009380000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.010537000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.009256704 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.010537000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.011250000 |
| 2nd High | 0.011167000 |
| Next High | 0.010537000 |
| Current Price | 0.009909000 |
| Next Low | 0.009380000 |
| 2nd Low | 0.009209000 |
| 3rd Low | 0.008714000 |