BOOMUSDT 📊 **Technical Outlook – BOOM/USDT (1H):**
* 🟢 **Current Price:** \$0.01760
* 🟩 **Support Zone:** Around \$0.01700 (highlighted in the lower red box) – price recently bounced from this zone.
* 🟥 **Resistance Zone:** Around \$0.01900 – \$0.01950 (upper red box) – price has previously rejected here.
* 📈 **Short-Term Bias:** Bullish attempt – the chart suggests a **potential move upward** toward the resistance area, as shown by the red arrow.
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🔍 **Key Observations:**
* Recent **higher low formation** suggests bullish interest.
* If momentum holds and volume confirms, price may **retest the \$0.019+ level**.
* However, if the price fails to hold above \$0.01720, the upward setup could be invalidated.
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⚠️ **Note:** This is **not financial advice** – always manage risk with proper stop-loss levels.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.