$BOME just swept a key level and reclaimed it.
Open interest is coming out of the move, and volume is backing the move.
I would rather see price reject around $0.000983–$0.0009894 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.0009963.
Is this level enough for you, or do you want another confirmation first?
#BOME #Trading
Trade plan: SHORT
Entry: $0.000983 - $0.0009894
SL: $0.0009963
TP1: $0.0009765
TP2: $0.000964
TP3: $0.0009547
Open interest is coming out of the move, and volume is backing the move.
I would rather see price reject around $0.000983–$0.0009894 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.0009963.
Is this level enough for you, or do you want another confirmation first?
#BOME #Trading
Trade plan: SHORT
Entry: $0.000983 - $0.0009894
SL: $0.0009963
TP1: $0.0009765
TP2: $0.000964
TP3: $0.0009547