$BOB segue holding an interesting structure! 👀
After leaving the region of 0,000000153, the BOB gained momentum and is now going through a consolidation period near 0,00000018.
📊 On the daily chart:
🔸 Price: 0,00000018462
🔸 MA7: 0,00000018533
🔸 MA25: 0,00000017895
🔸 MA99: 0,00000016508
The price remains above the 25- and 99-period averages, while the MA99 continues pointing upward. Now I’m mainly watching the 0,000000187–0,000000190 area: breaking out of this range with increased volume could significantly change the short-term outlook. 🚀
On the other hand, losing the MA25 region could open the door for a stronger correction.
Is the $BOB just accumulating to try for a new leg up? 👀
After leaving the region of 0,000000153, the BOB gained momentum and is now going through a consolidation period near 0,00000018.
📊 On the daily chart:
🔸 Price: 0,00000018462
🔸 MA7: 0,00000018533
🔸 MA25: 0,00000017895
🔸 MA99: 0,00000016508
The price remains above the 25- and 99-period averages, while the MA99 continues pointing upward. Now I’m mainly watching the 0,000000187–0,000000190 area: breaking out of this range with increased volume could significantly change the short-term outlook. 🚀
On the other hand, losing the MA25 region could open the door for a stronger correction.
Is the $BOB just accumulating to try for a new leg up? 👀