- BOME price was stabilized at $0.0005404, and it was above the $0.0005314 support since it was hit by the downward pressure recently.
- The volume of trading was not fluctuating and reached 1.42 billion BOME which means that the market was still involved in the process of consolidation.
- The range-bound conditions of the short-term price action remained within the price range of between $0.000529 to $0.000549.
The market condition revealed that Book of Meme (BOME) was trading close to one of the main technical zones following a long fall. The token traded at $0.0005404 with an increment of 1.1% per day and in possession of over the immediate support. The trading activity was still contained in a rather limited set implying lower volatility than in the previous sessions.
It is worth noting that the weekly chart indicated an extended downward trend, and then narrower price fluctuations around the present levels. This price action put emphasis on the ability of BOME to maintain the position within the projected reversal band.
Price Structure Holds Within Identified Reversal Range
The BOME price movement remained within the range of price of $0.00045 to $0.00055 range which was within the expected reversal range. Notably, the present price was not below the support of the price at the level of $0.0005314. In the meantime, the resistance was observed to be present at as low as $0.0005442, which restricted the upward trend in the past few sessions.
Nevertheless, the high of 24hours of 0.000549 indicated that the purchasers took a moment to test the overhead levels. The low point was of 24 hours at $0.000529 which made the attempts at the downside remain shallow. Consequently, the compression of the prices persisted within a set of technical bands.
Volume Metrics Reflect Consolidation Phase
Trading data showed 24-hour volume of 1.42 billion BOME, while USDT volume reached $763,208.95. These figures indicated steady participation despite muted price movement. Notably, the weekly chart displayed declining momentum following the earlier breakdown toward $0.000373. However, volume levels remained elevated relative to recent consolidation phases. This combination suggested that market activity persisted, even as price stabilized. Consequently, liquidity conditions stayed intact near current levels.
Long-Term Price Levels Remain Defined
Looking ahead, market structure outlined clear reference levels without deviation from observed data. The reversal zone noted stayed between $0.00045 and 0.00055. Furthermore, the price levels stretched towards $0.0015 to 0.002 with extended holding conditions.These levels represented previously defined technical targets rather than projections beyond provided figures. Meanwhile, BTC pairing showed 0.086071 BTC, reflecting minimal relative movement. As price remained range-bound, attention stayed on whether BOME could maintain support while testing resistance levels in coming sessions.
