Thank you, brothers. Let's continue our analysis of the BOB coin on the BNB network, and this time we will dive a bit deeper and detail the technical picture.
📉 The current price is around 0.00000010007, and although there is a slight recovery, the overall trend is still clearly sideways, meaning no sharp rise or strong drop, just fluctuations within a range.
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📌 Updated support and resistance:
• 🔻 The nearest support is around 0.00000009652, which is a short-term support. If broken, we will go to 0.00000009410, and then the main bottom at 0.00000009230.
• 🔺 From above, we have clear resistance around 0.00000001100 to 0.00000001155. Breaking it with a 4-hour candle close could open the door for a new rise.
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SI #Y.
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📌 Current trading advice:
• If you are a trader, wait for a retest of the support at 0.00000009652, and if it holds, take a light entry targeting the first resistance.
• However, if you are a long-term investor, the situation is still under review, and it is preferable to enter after breaking the strong resistance with confirmation.
• Don't forget to set a stop loss below the main support, and monitor the news or any partnerships that could give the project a boost.
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✍️ Summary:
The coin is going through a consolidation phase, with some people quietly buying at the bottoms, but the movement is still limited. If a large investor enters or a strong event occurs for the project, then we might see a nice price explosion. Stay tuned and enter wisely
