$NVDAB BOME/USDC — Bullish Recovery Setup
BOME is showing signs of a short-term recovery on the 15-minute chart after a sharp sell-off from 0.0009012 to 0.0007906.
Current price: 0.0008417
The important thing here is that price has started making higher lows from the 0.00081 area and is now trading above the nearby 0.0008337 support zone. That gives the bulls a chance to push toward the next resistance levels.
Key Levels
Support:
0.0008337
0.0008094
0.0007906
Resistance:
0.0008581
0.0008824
0.0009012
Trade Idea — LONG
Entry: 0.0008380 – 0.0008450
Target 1: 0.0008580
Target 2: 0.0008820
Target 3: 0.0009010
Stop Loss: 0.0008230
Trade Logic
The idea is to enter near the current support/recovery area rather than chase a sudden green candle.
If BOME holds 0.0008337 and breaks above 0.0008581 with strength, the next upside levels are around 0.0008824 and potentially the previous high near 0.0009012.
If price loses 0.0008337 and especially breaks 0.0008230, the bullish setup becomes weak and the trade should be exited.
Risk Management
Do not use your entire capital on this setup. Meme coins can move very quickly, so keep the position size small and risk only what you can afford to lose.
This setup is based only on the chart shown and is not a guarantee of profit.
BOME is at a decision zone now.
Let's see if the bulls can reclaim 0.0008581.
BOME is showing signs of a short-term recovery on the 15-minute chart after a sharp sell-off from 0.0009012 to 0.0007906.
Current price: 0.0008417
The important thing here is that price has started making higher lows from the 0.00081 area and is now trading above the nearby 0.0008337 support zone. That gives the bulls a chance to push toward the next resistance levels.
Key Levels
Support:
0.0008337
0.0008094
0.0007906
Resistance:
0.0008581
0.0008824
0.0009012
Trade Idea — LONG
Entry: 0.0008380 – 0.0008450
Target 1: 0.0008580
Target 2: 0.0008820
Target 3: 0.0009010
Stop Loss: 0.0008230
Trade Logic
The idea is to enter near the current support/recovery area rather than chase a sudden green candle.
If BOME holds 0.0008337 and breaks above 0.0008581 with strength, the next upside levels are around 0.0008824 and potentially the previous high near 0.0009012.
If price loses 0.0008337 and especially breaks 0.0008230, the bullish setup becomes weak and the trade should be exited.
Risk Management
Do not use your entire capital on this setup. Meme coins can move very quickly, so keep the position size small and risk only what you can afford to lose.
This setup is based only on the chart shown and is not a guarantee of profit.
BOME is at a decision zone now.
Let's see if the bulls can reclaim 0.0008581.
