$BOME REJECTED AT SUPPLY ZONE – SHORT SETUP ACTIVE ⚠️
Entry: 0.000426-0.000438 🔥
Target 1: 0.000409 🚀
Target 2: 0.000389 🚀
Target 3: 0.000367 🚀
Stop Loss: 0.000470 ⚠️
Price has climbed back into the exact supply zone that capped the previous rally. The move still looks corrective – open interest is flat and volume on the push up is declining relative to the prior sell-off.
If this level holds as resistance, the path of least resistance points toward the liquidity sitting below the recent swing lows. The R:R on the first target alone is above 1:2 in this zone. Are you watching this area for a reaction or staying on the sidelines?
Not financial advice. Always manage your risk.
#BOME #ShortSetup #SupplyZone #Crypto #TechnicalAnalysis
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Entry: 0.000426-0.000438 🔥
Target 1: 0.000409 🚀
Target 2: 0.000389 🚀
Target 3: 0.000367 🚀
Stop Loss: 0.000470 ⚠️
Price has climbed back into the exact supply zone that capped the previous rally. The move still looks corrective – open interest is flat and volume on the push up is declining relative to the prior sell-off.
If this level holds as resistance, the path of least resistance points toward the liquidity sitting below the recent swing lows. The R:R on the first target alone is above 1:2 in this zone. Are you watching this area for a reaction or staying on the sidelines?
Not financial advice. Always manage your risk.
#BOME #ShortSetup #SupplyZone #Crypto #TechnicalAnalysis
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