šØ $BOME A huge bullish candle at 8 a.m., with trading volume jumping to 2.8Ć the 7-day averageļ½Is someone quietly getting in?
I just checked the chart and saw that price surged to 0.00112 in that one-hour stretch at 8, then got pushed back down to around 0.00108. Itās still up +3.6% over 24 hours, with Binance spot 24h trading volume just over $2 million.
Honestly, I couldnāt find any new newsāit looks like a pure inflow of capital. When volume surges without a story behind it, Iād rather treat it as a chance to get in on a pullback than chase this spike.
On the chart: the red dashed line at 0.00112 marks this morningās high before the sell-off, and the green dashed line at 0.00102 marks the floor thatās held several times over the past two days.
Ā· Entry zone: pullback to 0.00102ā0.00105
Ā· Resistance: 0.00112; if it holds above, then watch 0.00125 (the September 24 spike high)
Ā· Invalidation: daily close below 0.00093
MEME is volatile, so keep your position small. Donāt go all in, and make sure you set a stop-loss.
Are you waiting for a pullback, or only buying if it gets above 0.00112?
ā ļø Just my personal ramblingāthis is not investment advice.
#MEME #BOME
$BOME
I just checked the chart and saw that price surged to 0.00112 in that one-hour stretch at 8, then got pushed back down to around 0.00108. Itās still up +3.6% over 24 hours, with Binance spot 24h trading volume just over $2 million.
Honestly, I couldnāt find any new newsāit looks like a pure inflow of capital. When volume surges without a story behind it, Iād rather treat it as a chance to get in on a pullback than chase this spike.
On the chart: the red dashed line at 0.00112 marks this morningās high before the sell-off, and the green dashed line at 0.00102 marks the floor thatās held several times over the past two days.
Ā· Entry zone: pullback to 0.00102ā0.00105
Ā· Resistance: 0.00112; if it holds above, then watch 0.00125 (the September 24 spike high)
Ā· Invalidation: daily close below 0.00093
MEME is volatile, so keep your position small. Donāt go all in, and make sure you set a stop-loss.
Are you waiting for a pullback, or only buying if it gets above 0.00112?
ā ļø Just my personal ramblingāthis is not investment advice.
#MEME #BOME
$BOME