- BOME has cleared its double-bottom neckline and trades above the 9 EMA and 50 SMA.
- Clean retest near $0.00176–$0.00177 could define a stable higher low for BOME.
- Support below $0.00176 risks trend reversal toward $0.00172–$0.00170.
BOME’s latest breakout above a well-defined neckline signals renewed upside potential, with support forming near moving averages and resistance looming around $0.00182–$0.00185.
Breakout Structure and Momentum Congruence
The chart reveals that BOME has emerged out of a definite double-bottom pattern indicating a reversal structure that has shifted the short-term trend to the upward direction. The price has been above the neckline indicating that the buyers have taken over during this period. At the same time, BOME is sustaining levels above both the 9 EMA and 50 SMA — a condition often seen when momentum aligns with structural shifts.
There is an interest in retesting the breakout zone between the $0.00176 and the $0.00177. If BOME touches this area and holds, it would form a higher low, reinforcing bullish architecture. In trading circles, maintaining support here is critical to sustaining direction. The tweet from Alpha Crypto Signal frames this:“$BOME has broken above the neckline … continuation toward the next resistance zone around $0.00182–$0.00185 looks likely.”
Volume behavior supports the scenario. During the breakout, green volume bars picked up, showing that buyers stepped in decisively. While volume has tapered during consolidation, it remains stable, indicating participants are watching for confirmation rather than fleeing positions.
Support Zone and Risk Thresholds
The region around $0.00176–$0.00177 now functions as a pivotal pivot. If BOME conducts a clean retest and rebounds, that would validate the new support. That zone also coincides with dynamic support from the moving averages, which further strengthens its role. Maintaining above that band keeps the bullish case intact.
Should BOME lose that support, risk increases. A drop below $0.00176 could push price down toward the $0.00172–$0.00170 area. That range aligns with the 50 SMA in certain periods and represents a buffer where bulls may attempt to regroup. Any violation of that lower zone would erode confidence in the short-term trend.
It is also worth noting that the longer BOME remains above the neckline and moving averages without heavy pullbacks, the more resilient the structure grows. Traders often look for retests that hold to confirm strength before committing further capital.
Resistance Zone and Possible Scenarios
The resistance band near $0.00182–$0.00185 represents the next barrier. If BOME can navigate upward pressure and break through decisively, it could trigger further gains toward prior highs. The zone acts as both a technical ceiling and a target for breakout extensions.
However, a failed push that stalls below resistance could lead to sideways trading or a return to the support zone. In that case, the $0.00176 area becomes even more consequential — failure there would shift focus to lower supports. Traders will be watching for strong follow-through or rejection signals.
With BOME’s structure currently bullish as long as it holds the neckline and moving averages, the setup favors continuation.However, there are important levels that should be honored. A breakout of $0.00185 would provide more credibility to the trend with a retest of $0.00177, which would provide a breakout.
