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$BOME Breaks Double Bottom Neckline — Momentum Builds Toward $0.00185 Resistance
$BOME breaks key double bottom neckline, signaling a bullish reversal.
Price holds above 9 EMA and 50 SMA, showing strong short-term momentum.
The next resistance zone near $0.00185 could test buyers, with support at $0.00176–$0.00177.
$BOME broke above its double bottom neckline, starting a clear bullish reversal. Momentum is holding firm above the 9 EMA and 50 SMA, and is building toward the $0.00185 resistance zone, despite short-term volatility.
Double Bottom Breakout Sparks Momentum
$BOME just broke out above a key neckline from a classic double bottom pattern on the lower timeframes — a strong sign of a trend shift. Since the breakout, it’s been holding above the 9 EMA and 50 SMA, both pointing upward, showing that momentum is picking up.
Source: Alpha Crypto Signal Via X
The breakout came with a clear spike in volume, backing the move with strong demand. For now the price is consolidating just above the breakout zone near $0.00176–$0.00177, which is shaping up to a solid support. If this level holds, $BOME could make its next move toward the $0.00182–$0.00185 resistance area.
Short-Term Volatility and Critical Support
The overall trend leans bullish, but $BOME is hitting some short-term hurdles.The price recently slipped below the 9 EMA, dropping to around $0.00169 as selling pressure picked up. RSI has fallen to 32, nearing oversold territory this could open the door for a bounce if buyers step in soon.
The main area to watch is the support zone between $0.00170 and $0.00176,because If this zone holds, momentum could stay intact.For bulls to take back control, price needs to climb back above the 9 EMA, and RSI should push above 40.
Market Cap Shows Growing Interest
Between October 1 and 4, $BOME’s market cap jumped from around $105 million to over $124 million, showing a strong wave of buying interest. But since then, things have turned a bit choppy. The market cap has been swinging up and down, recently pulling back to about $115 million — a sign that some traders are taking profits and playing it safe after the rally.
$BOME needs to stay above this level to keep the momentum going. If market cap drops below $115 million, selling pressure might grow and start a possible shift in trend.
The post $BOME Breaks Double Bottom Neckline — Momentum Builds Toward $0.00185 Resistance appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.