$BOME is still weak, no matter how pretty the chart looks.
Down 5.61% to $0.000912, with $2.34M traded. Still weak.
The bullish case is real: price sits above the 20D and 50D MAs, while it’s 32% below the 30D high. But 4h momentum is down 4.4%, RSI is 43, and volume is just 0.2x its 20D average. That’s where I’ve been burned before. 🩸
$ETH strength won’t automatically save it. Funding is positive too, meaning longs are paying while price bleeds. At $0.001, I’d take risk off, not chase. ⚠️
#BOME #Altcoin
Down 5.61% to $0.000912, with $2.34M traded. Still weak.
The bullish case is real: price sits above the 20D and 50D MAs, while it’s 32% below the 30D high. But 4h momentum is down 4.4%, RSI is 43, and volume is just 0.2x its 20D average. That’s where I’ve been burned before. 🩸
$ETH strength won’t automatically save it. Funding is positive too, meaning longs are paying while price bleeds. At $0.001, I’d take risk off, not chase. ⚠️
#BOME #Altcoin