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Recently, BOME's performance has been quite eye-catching. Starting from a low of $0.0007545, this coin has been steadily climbing, with investors' buying enthusiasm continuously pushing the price higher, ultimately reaching $0.0008435. Although there was a slight pullback to $0.0008428 afterward, the intraday increase still reached 10.84%, and this momentum looks quite strong.
From the data, the 24-hour trading volume exceeds 6.8 million USDC, with a trading volume of 8.482 billion. Such sustained trading volume indicates that large funds are indeed following in. The previous low not only became a support level to stop the decline but also turned into the starting point of this upward movement.
If you want to participate in this wave, here are some key levels to consider:
For entry, it’s not recommended to chase the high. A more prudent approach is to wait for the price to retrace to the $0.0008100 to $0.0008300 range and try a small position to test the waters. Using the recently formed support level as a basis for deployment can reduce risk.
Regarding target levels, the short-term first target is $0.0008400, followed by $0.0008600. If it can break through the previous high, it can continue toward $0.0008800.
Risk control is very important; set the stop-loss at $0.0007900. If the price falls below this level, it indicates that this rally might really be weakening, and it’s time to exit decisively.
My personal view is that this surge in BOME largely reflects continuous inflows of funds. The 7-day increase is already close to 50% (specifically 49.80%), which clearly shows how strong the bulls are right now. As long as it doesn’t break below the $0.0007900 support line, you can stay bullish. Conversely, friends who are shorting should avoid participating at this stage. For a coin that keeps oscillating higher, going against the overall trend usually leads to poor results. Those going long should remain patient, waiting for a pullback to enter at lower levels, so they can steadily keep up with this wave of market movement.