#CryptoCharts101 : How to Read $BOB’s Price Like a Pro (Before You YOLO) 🚀**
Want to trade $BOB like a **degen with a brain**? Then you gotta understand **charts**—or at least fake it till you make it. Here’s your **crash course** in meme coin TA (TikTok Analysis).
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### **🔍 Basic Chart Patterns Every $BOB Trader Should Know**
#### **1️⃣ The "Pump & Dump" (The Meme Coin Classic)**
- **What it looks like:** 📈🚀📉 (Steep rise → Euphoria → Brutal crash)
- **How to play it:** Buy early hype, **sell before the influencers do**.
#### **2️⃣ The "Bart Simpson" (Fakeout Moves)**
- **What it looks like:** Sharp up/down wicks with no follow-through.
- **What it means:** Traders getting **liquidated**, whales playing games.
#### **3️⃣ The "Descending Triangle of Doom"**
- **What it looks like:** Lower highs, flat support.
- **What it means:** **Breakdown likely**—unless $BOB memes hard.
#### **4️⃣ The "Parabolic Rally" (AKA "The Exit Liquidity Generator")**
- **What it looks like:** 📈➡️🌕 (Vertical green candles, no pullbacks)
- **What it means:** **Top is near.** Take profits or become a bagholder.
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### **📉 Key Indicators for $BOB (No Math, I Promise)**
- **RSI (Overbought/Oversold):**
- **>70 = Overbought** (Might dump soon)
- **<30 = Oversold** (Could bounce… or keep falling)
- **Volume:**
- **Rising volume + price up = Real pump**
- **Pumping price + low volume = Fakeout**
- **Support/Resistance:**
- **Support = "Buy the dip" zone**
- **Resistance = "Sell the news" zone**
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### **💡 How to Use This for $BOB**
✅ **Buy when:**
- Price bounces off support + volume spikes.
- RSI is oversold **and** memes are heating up.
❌ **Sell when:**
- Price hits resistance + RSI overbought.
- Your Uber driver starts talking about $BOB.