BOME / TetherUS
Panjang

BOME/USDT — Symmetrical Triangle on the Verge of a Explosion?

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BOME/USDT has spent the past several months moving inside a Symmetrical Triangle pattern, formed by a series of lower highs from the peak around 0.0125 and higher lows from the April 2025 bottom at 0.000890.
This formation signals a major consolidation phase where buying and selling pressure are converging toward a single decision point (apex).

When price action approaches the tip of such a triangle, it often results in a volatility surge — either to the upside (breakout) or downside (breakdown).
Currently, price is testing the critical 0.00245–0.00255 zone, which will act as the gateway to the next major move.

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Key Levels to Watch

Major Resistance:

0.00245–0.00255 → Upper trendline + horizontal resistance.

0.003002 → Initial breakout target & historical resistance.

0.005841–0.006938 → Strong supply zone from the previous rally.

0.010919 → Psychological target before the peak.

0.012595 → Main chart high.


Key Support:

0.00205–0.00215 → Rising trendline (dynamic support).

0.00170–0.00130 → Minor historical supports.

0.000890 → Yearly low and major support.

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Pattern Characteristics

The Symmetrical Triangle is a neutral formation typically accompanied by:

Declining volume during consolidation.

Strong volume expansion upon breakout.

Initial move targets often equal the height of the triangle from the breakout point — providing significant upside/downside room.

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Bullish Scenario

1. Breakout Confirmation: Daily close above 0.00255 with strong volume.


2. First Target: 0.003002.


3. Next Target: Sustained momentum → 0.00584–0.00694.


4. Extended Target: Breaking through the supply zone could drive price to 0.0109–0.0126.


5. Invalidation: Price re-enters the triangle and closes below 0.00220–0.00215.

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Bearish Scenario

1. Rejection: Failure to break 0.00255 followed by a daily close below 0.00215.


2. Downside Target: 0.00200 → 0.00170–0.00130.


3. Breakdown Risk: A move below the rising trendline could trigger a retest of 0.000890.


4. Invalidation: Price reclaims 0.00245 and holds.

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Trading Notes

Long consolidations like this often precede sharp moves — patience is key.

Wait for confirmation: Avoid entering prematurely; look for a clear breakout with volume.

Reward/Risk potential is attractive for swing traders in this setup.

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Penafian

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