BOME struggles with 26-day EMA
BOME has shown susceptibility to market instability. BOME started the week significantly above its 26-day exponential moving average (EMA) but subsequently fell below it, signaling a bearish outlook, before a sharp surge of 7.89% on May 6. However, this surge was short-lived as the coin once again touched the EMA threshold. Currently, BOME is priced at $0.010863, just above the 26-day EMA at $0.010828, and a potential decline could take it below the critical support level.
