$BOME just hit $0.0011797 and this is where I would stop chasing.
The 15M structure is still strongly bullish:
Price: $0.001099
EMA7: $0.0010835
EMA25: $0.0009868
EMA99: $0.0008841
Supertrend: $0.0010195
The breakout was backed by a huge volume expansion, and price is still above all major EMAs.
So the trend isn't the problem.
The problem is the location.
$0.0011797 is the current resistance, and price has already shown rejection from that level.
I'd rather watch the pullback than FOMO into the move.
The zone I'm watching:
$0.00105 - $0.00108
If $BOME holds this area and buyers step back in, a retest of $0.0011797 becomes interesting.
A clean breakout above $0.0011797 with strong volume could signal another leg higher.
But losing $0.0010195 would make me step aside.
Strong momentum doesn't always mean chase.
Sometimes the better trade is waiting for the market to give you a better entry.
⇢ Click here to Trade 👇️
The 15M structure is still strongly bullish:
Price: $0.001099
EMA7: $0.0010835
EMA25: $0.0009868
EMA99: $0.0008841
Supertrend: $0.0010195
The breakout was backed by a huge volume expansion, and price is still above all major EMAs.
So the trend isn't the problem.
The problem is the location.
$0.0011797 is the current resistance, and price has already shown rejection from that level.
I'd rather watch the pullback than FOMO into the move.
The zone I'm watching:
$0.00105 - $0.00108
If $BOME holds this area and buyers step back in, a retest of $0.0011797 becomes interesting.
A clean breakout above $0.0011797 with strong volume could signal another leg higher.
But losing $0.0010195 would make me step aside.
Strong momentum doesn't always mean chase.
Sometimes the better trade is waiting for the market to give you a better entry.
⇢ Click here to Trade 👇️