๐ $BOB Token Macro Analysis โ What's Next?
After hitting an ATH of 0.00000016, BOB entered a consolidation phase, forming a bull flag. However, without volume, the pattern broke down, dropping the price to a low of 0.000000029 โ a zone that presented a strong buy opportunity. Soon after, volume spiked and the price rebounded to 0.000000089, before entering a new consolidation zone.
๐ Todayโs Outlook: Two Possible Scenarios
We now see another bull flag, but volume is still low.
Scenario 1: Volume increases โ breakout to 0.0000001+ ๐
Scenario 2: Volume stays low โ price dips to ~0.000000055, then bounces back with new buyers ๐โ๐
The blue circles on the chart show where the last drop began and where we stand today.
Which scenario do you believe is more likely? Drop your thoughts below! ๐
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