BOME Long Position (Retest of 21-day EMA)
Market Context: BOME is approaching the 21-day EMA after a Market Structure Shift (MSS). We're looking for a retest of the trend to form a higher low, while sweeping liquidity at the $0.075 level. This provides a potential opportunity for entry.
Trade Setup:
Entry: $0.007 - $0.008
Take Profit:
First target: $0.012
Second target: $0.016
Third target: $0.020
Stop Loss: Daily close below $0.006
This setup seeks to capture the bounce from the higher low, capitalizing on the anticipated continuation of the uptrend. #BOME #Crypto #MarketStructure #21EMA #Trading
Trade Setup:
Entry: $0.007 - $0.008
Take Profit:
First target: $0.012
Second target: $0.016
Third target: $0.020
Stop Loss: Daily close below $0.006
This setup seeks to capture the bounce from the higher low, capitalizing on the anticipated continuation of the uptrend. #BOME #Crypto #MarketStructure #21EMA #Trading
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