Possible price action scenarios
Bullish continuation scenario (second wave):
Condition: A breakout above the immediate resistance zone at $0.001168–$0.001170, with trading volume and momentum remaining high.
Target: The price may push to test higher levels such as $0.001250 and then $0.001400.
Correction or bearish scenario (strongest probability currently):
Reason: After a fast vertical rise of more than +33%, the coin enters overbought zones that usually lead to quick profit-taking.
Target: If the price fails to break the current high and break the immediate support level at $0.001150, it may pull back to test lower support areas from $0.001080 down to $0.000950.
Advice for handling the current trade
Don't rely on wishful thinking for a rise: in derivatives and leveraged markets, capital protection comes before chasing profit.
Secure the trade: since you are currently in profit, raise the Stop Loss to your entry price or slightly above to ensure you exit without a loss if the price suddenly reverses.
Take partial profits: closing part of the position (e.g., 50%) and locking in those gains is an excellent option—it reduces pressure and stress while price volatility continues.#BOME
Bullish continuation scenario (second wave):
Condition: A breakout above the immediate resistance zone at $0.001168–$0.001170, with trading volume and momentum remaining high.
Target: The price may push to test higher levels such as $0.001250 and then $0.001400.
Correction or bearish scenario (strongest probability currently):
Reason: After a fast vertical rise of more than +33%, the coin enters overbought zones that usually lead to quick profit-taking.
Target: If the price fails to break the current high and break the immediate support level at $0.001150, it may pull back to test lower support areas from $0.001080 down to $0.000950.
Advice for handling the current trade
Don't rely on wishful thinking for a rise: in derivatives and leveraged markets, capital protection comes before chasing profit.
Secure the trade: since you are currently in profit, raise the Stop Loss to your entry price or slightly above to ensure you exit without a loss if the price suddenly reverses.
Take partial profits: closing part of the position (e.g., 50%) and locking in those gains is an excellent option—it reduces pressure and stress while price volatility continues.#BOME