$BOME
/USDT Technical Analysis: Bullish Momentum
The BOME/USDT chart on the 15-minute timeframe displays a clear ascending channel pattern, indicating strong bullish momentum. The price has recently broken out of a consolidation phase and is trending upwards.
* Entry Level: Consider an entry around $0.001480 - $0.001490 on a slight retrace or confirmation of continued upward movement.
* Target 1: $0.001505 (24h High)
* Target 2: Potential extension to $0.001520 - $0.001530 if momentum sustains and the ascending channel holds.
* Stop Loss: A tight stop loss below the recent swing low or channel support, around $0.001465, is advisable to manage risk.
Market Next Move: Based on the ascending channel and recent price action, the market's next move is likely bullish, with the potential to test higher resistance levels. However, always monitor for volume confirmation and any signs of pattern invalidation.