#BOME BOME intraday market express: The purple dots on the current 1-hour chart indicate a good opportunity for the short side to enter the market, and the signal is stable. Near the red dot area, it is a great time to arrange short orders, please pay attention!
The support range is locked at 0.006695 to 0.006442, and this area will be an important line of defense for short orders. It should be emphasized that the current operation is against the trend. Because the bulls are still dominant on the 4-hour chart, the profit space may be limited. It is recommended to stop when you see the good and lock in profits.
In terms of stop loss strategy, it is recommended to set it near the previous high, that is, around 0.007431, to control potential risks.