Alright, let's break down this $BOME chart.
Looking at the 1-hour here, pretty clear bounce off that 0.00209 support zone we saw yesterday. The bulls definitely stepped in there.
We've had a nice push back up, and it looks like we're consolidating a bit around 0.00242 currently. Volume picked up nicely on that pump, which is good to see, confirming the move.
The next real test will be if we can break and hold above this current level. If so, a retest of the 0.00245-0.00250 area is definitely on the cards.
Otherwise, if we lose this current support, we might see a retrace back towards 0.00233. Keeping an eye on the volume for confirmation on either move. Always trade smart.
