Market Overview for BOOK OF MEME/Tether

Generated by AI AgentAinvest Crypto Technical RadarReviewed byRodder Shi
Saturday, Jan 10, 2026 5:42 am ET1min read
BOME
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Aime RobotAime Summary

- BOME/USDT fell to 0.000706, testing key support at 0.000701–0.000704 with bearish consolidation patterns.

- RSI near 30 indicated oversold conditions, while MACD showed negative divergence amid moderate volume.

- Price closed below 5-minute 20/50-period moving averages, reinforcing downward bias confirmed by turnover trends.

- Fibonacci analysis highlighted 0.000718 resistance and potential 0.000691 target if support breaks, with volatility expected to rise.

Summary
• Price declined from 0.000733 to 0.000706, with support at 0.000701–0.000704.
• Momentum slowed, with RSI near 30 suggesting oversold conditions.
• Volume remained moderate, but turnover confirmed downward bias.

BOOK OF MEME/Tether (BOMEUSDT) opened at 0.000725 on 2026-01-09 12:00 ET, reaching a high of 0.000734 before closing at 0.000706 on 2026-01-10 12:00 ET. The 24-hour total volume was 729,284,242.0, with a notional turnover of 505,273.54 USDT.

Structure & Formations


Price tested key support at 0.000701–0.000704 multiple times, forming a bearish consolidation pattern. A long bearish shadow at 17:30 ET suggested rejection of higher prices, while a doji at 23:15 ET indicated indecision. Resistance at 0.000715–0.000717 held firm on several attempts, reinforcing the downward bias.

Moving Averages


On the 5-minute chart, price closed below both 20 and 50-period moving averages, reinforcing the bearish trend. Daily moving averages (50/100/200) were not available in this dataset but would be key for a broader context.

Momentum & Volatility


Relative Strength Index (RSI) moved to ~30 by the close, suggesting oversold conditions, though caution is needed as it may not confirm a reversal. MACD showed a negative divergence, with momentum slowing despite a moderate price decline. Bollinger Bands displayed a moderate contraction, pointing to a potential increase in volatility ahead.

Volume & Turnover


Volume remained steady throughout the day, with no significant spikes. Turnover aligned with the downward trend, confirming the bearish momentum. No divergence between price and turnover was observed, supporting the continuation of the decline.

Fibonacci Retracements


A recent 5-minute swing from 0.000734 to 0.000701 saw price stall near the 61.8% retracement level at ~0.000718, reinforcing key resistance. Looking ahead, a break below 0.000701 could target the next Fibonacci level at ~0.000691.

Looking ahead, a potential bounce off the 0.000701–0.000704 range could test the 0.000707–0.000709 level, but a breakdown below 0.000701 could extend the bearish momentum. Investors should monitor for divergence between price and momentum indicators, as well as a possible reversal signal near key Fibonacci levels. Volatility remains moderate; sharp moves could be triggered if 0.000697–0.000700 is tested.