$BOME D1 Bullish Idea

Price has recently broken above its macro downtrend resistance, a major milestone that flips the market structure on this timeframe. This breakout is also backed by significant bullish momentum, as shown in both price action and volume.

The area around $0.0021–$0.0023 acted as a consolidation base, which now flips into a potential support zone for any retest scenario. Volume profile shows strong participation building from that region.

Currently, price is trading above both fast and slow EMAs, indicating a strong bullish trend formation. If momentum sustains, a full retracement toward the 24% fib level at $0.0038 is likely, with $0.010 as the extended target zone based on previous supply zones and volume gaps.

Key price to watch:

$0.003825 — reclaiming this confirms a potential mid-term push toward the golden zone around the 0.006–0.010 range.

RSI is overbought but still has room, suggesting momentum is strong but a short-term cooldown is possible.

Overall, structure looks ready for bullish continuation, but any revisit to the $0.0021–0.0023 zone must hold to keep this bias intact.