Consider that liquidity is dropping significantly due to fearful sellers

🔍 Updated Technical Analysis for BOB Coin on Alpha Network – Binance

🕒 Time Frame: 1 Hour
💵 Current Price: 0.00000010788 USDT
📉 Daily Retracement Rate: -9.40%
📊 Daily Volume: 70,808 Transactions

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📈 Recent Price Movements:
• At 12:00 AM (start of June 5, 2025), BOB Coin reached a peak at 0.00000012508 USDT.
• After this peak, the coin began a downward correction wave, reaching a low of 0.00000008550 USDT.
• Currently, the price is fluctuating around 0.00000010788 with some consolidation, indicating attempts to regain upward momentum.

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🔧 Important Technical Levels
✅✅✅✅✅✅❤️❤️
Level Type
Price
Strong Support
0.00000008550
Secondary Support
0.00000009700
Current Resistance
0.00000011200
Major Resistance (Midnight Peak)
0.00000012508
⭕️⭕️⭕️⭕️⭕️⭕️⭕️⭕️

🔍 Technical Indicators:
• Moving Averages (MA7 and MA25) have started to consolidate, with a potential for a bullish crossover if the current consolidation continues.
• Trading volumes have decreased after the drop, indicating that the market is entering a wait-and-see phase.
• There has been no clear break of support so far, which could make this area an opportunity for a technical rebound.

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✅ Technical Outlook:

Continued consolidation above 0.00000010700 could drive the price to test 0.00000011200, and if breached with strong trading volume, a return to the midnight peak of 0.00000012508 becomes likely.
On the other hand, a break below 0.00000008550 is a negative signal and opens the door for a drop to lower levels such as 0.00000007200.

#BOBAOPPA