BOME Rockets 20% Higher as Bitcoin Stumbles – What's the Secret? While Bitcoin [BTC] took a tumble, the
Book of Meme [BOME] had a different story to tell, soaring by nearly 20% in just 24 hours. With trading volume keeping up with the average, this meme coin is making some noise.
It's not all smooth sailing though. The breakout might not be set in stone, but seeing BOME defy the market's downward trend is undeniably
encouraging.
On the charts, we see some interesting patterns. The
short-term resistance has been conquered, turning into support for BOME's upward journey.
Fibonacci retracement levels reveal that the
$0.0151 mark has been a tough nut to crack. But don't worry, the overall structure still looks bullish, with RSI signaling short-term strength.
However, there's a catch. The
OBV indicator isn't quite keeping up with the price action, hinting at a possible slowdown in buying pressure. Bulls might need to flex their muscles harder.
