🔍 Updated Technical Analysis for BOB Coin on Alpha Network – Binance
🕒 Time Frame: 1 Hour
💵 Current Price: 0.00000010788 USDT
📉 Daily Drawdown: -9.40%
📊 Daily Volume: 70,808 Transactions
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📈 Recent Price Movements:
• At exactly 12:00 AM (Beginning of June 5, 2025), BOB Coin reached a peak of 0.00000012508 USDT.
• After this peak, the coin began a downward correction wave, reaching a low of 0.00000008550 USDT.
• Currently, the price is fluctuating around 0.00000010788 with some consolidation, indicating attempts to regain upward momentum.
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🔧 Important Technical Levels
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Level Type
Price
Strong Support
0.00000008550
Secondary Support
0.00000009700
Current Resistance
0.00000011200
Major Resistance (Midnight Peak)
0.00000012508
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🔍 Technical Indicators:
• Moving Averages (MA7 and MA25) have started to consolidate, with a potential for a bullish crossover if the current consolidation continues.
• Trading volumes have decreased following the drop, indicating the market is entering a wait-and-see phase.
• No clear break of support has occurred yet, which may make this area an opportunity for a technical rebound.
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✅ Technical Outlook:
Continued consolidation above 0.00000010700 could push the price to test 0.00000011200, and if broken with strong trading volume, a return to the midnight peak of 0.00000012508 becomes likely.
On the other hand, breaking below 0.00000008550 is a negative signal and opens the way for a drop to lower levels like 0.00000007200
