Bomeusdt Trading idea

Bomeusdt, recently added to Binance, presents challenges for comprehensive analysis due to limited data availability. However, we have observed price consolidating within a potential triangle pattern, which could result in either a bearish or bullish continuation.

Our bias leans towards an upside breakout scenario. Targets have been identified on the chart, with the immediate target corresponding to the upper boundary of the ascending triangle. In the event of a downward breakout, we anticipate a descent towards a robust demand zone, offering an opportunity for fresh accumulation of coins.

Caution is advised when trading Bomeusdt, given its recent listing and limited data. It is essential to closely monitor the provided stop-loss level to manage risk effectively.

Do share your perspectives and insights on Bomeusdt with us.

Trade ativo:

We should focus on the newly area provided for accumulation and ignore the earlier plan due to price deviation on the upper side earlier.

Trade fechado: stop atingido