GBKripton
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#Bob For the first time I will talk about BOB in the Alpha market of Binance.
So much has been said about BOB in recent weeks and now that there has been a correction, everyone is quiet. Why could that be?
Well... Looking at this chart, I think this is the best time to discuss it and here are some reasons to be optimistic:
Although the correction may seem frightening at first glance — with a drop of more than 32% and an RSI around 9.5, which is extremely low — these are precisely signals that experienced traders interpret as potential entry points.
Historically, this type of reading tends to be followed by a recovery.
With the EMA(99) serving as support, the current price is very close to the 99-period EMA (0.0000000684829), suggesting it may find technical support there.
The sharp drop may have been a realization of profits after the initial hype. If the Bob project maintains good fundamentals and an active community, the pullback may just be a pause before further appreciation.
The liquidity remains solid at $1.69 million, ensuring healthy movement and avoiding more abrupt manipulations.
Of course, the risk exists, as with any crypto asset — but for those entering now, the risk/reward may be quite favorable.
This may be a great opportunity for the medium/long term. But remember to do your own analysis before investing.
$BNB
So much has been said about BOB in recent weeks and now that there has been a correction, everyone is quiet. Why could that be?
Well... Looking at this chart, I think this is the best time to discuss it and here are some reasons to be optimistic:
Although the correction may seem frightening at first glance — with a drop of more than 32% and an RSI around 9.5, which is extremely low — these are precisely signals that experienced traders interpret as potential entry points.
Historically, this type of reading tends to be followed by a recovery.
With the EMA(99) serving as support, the current price is very close to the 99-period EMA (0.0000000684829), suggesting it may find technical support there.
The sharp drop may have been a realization of profits after the initial hype. If the Bob project maintains good fundamentals and an active community, the pullback may just be a pause before further appreciation.
The liquidity remains solid at $1.69 million, ensuring healthy movement and avoiding more abrupt manipulations.
Of course, the risk exists, as with any crypto asset — but for those entering now, the risk/reward may be quite favorable.
This may be a great opportunity for the medium/long term. But remember to do your own analysis before investing.
$BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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