BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 0.009058000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.010127000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.0100385 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.010127000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010537000 |
| 2nd High | 0.010141000 |
| Next High | 0.010127000 |
| Current Price | 0.009510000 |
| Next Low | 0.009058000 |
| 2nd Low | 0.008910000 |
| 3rd Low | 0.008714000 |