$BOME TRADING PLAN
🔹 Overview of Data and Indicators:
Current Price: $0.007376MACD Indicator:
MACD: -0.000108Signal Line: -0.000858Histogram: -0.000108Red Line (Cross): 0.000674
🔹 Technical Analysis:
Support and Resistance Levels:
Strong Support: $0.007118First Resistance: $0.011129Second Resistance: $0.015544Third Resistance: $0.018929
Buying Zones: The strong buying zone with significant investor interest is between $0.007118 and $0.007376.
🔹 Overall Trend:
Short-term: Fluctuation within the buying zone with potential rebound.
Long-term: If the first resistance is broken, we might see a rise towards the second and third resistances.
🔹 Trading Strategy:
Entry Points:
First Entry: At $0.007200 (within the buying zone).Second Entry: At $0.007118 (closer to strong support).
Exit Points:
First Exit: At $0.011000 (near the first resistance).Second Exit: At $0.015500 (near the second resistance).Third Exit: At $0.018900 (near the third resistance).
Stop Loss:
First Stop Loss: At $0.006800 (below strong support).Second Stop Loss: At $0.006500 (if support fails).
🔹 Expectations:
Short-term: Continued fluctuation within the buying zone with potential rebound towards the first resistance.
Long-term: If the first resistance is broken, a rise towards the second and third resistances is expected.
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