$BOME traded above the old high, then closed back inside.
The six-hour boundary was 0.0006203; the latest hour reached 0.000624 and closed at 0.0006169 USDT. The upper wick covers 66% of that candle’s range.
That weakens the case for chasing the high.
Next 24h — 1H closes:
below 0.0006114 USDT: further weakness after the rejected high gains support.
above 0.000624 USDT: the rejection of the high weakens.
The six-hour boundary was 0.0006203; the latest hour reached 0.000624 and closed at 0.0006169 USDT. The upper wick covers 66% of that candle’s range.
That weakens the case for chasing the high.
Next 24h — 1H closes:
below 0.0006114 USDT: further weakness after the rejected high gains support.
above 0.000624 USDT: the rejection of the high weakens.