Chart Watch: $BOME Downtrend in Play
The asset is currently at 0.002125, experiencing a -6.59% dip today.
Key Observations:
* The price has broken below its 24h Low of 0.002100 after a clear downward trend from the 24h High of 0.002399.
* On the 1-hour chart, the price is trading well below all three moving averages (MA(7), MA(25), MA(99)), confirming strong bearish momentum.
* Recent candles show significant selling pressure, with increasing red volume bars.
What's Next?
Traders should watch for potential support levels below the current price, or if the bearish trend will continue. The short-term outlook appears challenging.
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