🔔 Update on Analysis of $BOB 🔔
The currency $BOB has shown a strong upward movement and the RSI (Relative Strength Index) has already surpassed the level of 55, indicating strength in the buying pressure.
Currently, the chart is testing an area where sellers usually act. If the price makes a pullback above 0.00000008230 and manages to close within the range between 0.00000008230 and 0.00000007680, I believe a slight correction may occur in the region between 0.00000009830 and 0.00000005550.
After this possible correction movement, the price may seek the next resistances at 0.00000009830 and 0.00000011450, possibly even testing the previous high.
📊 This is my current view of the movement.
💬 What do you think? Does $BOB still have the strength to reach new highs? Comment below!