Market Overview for BOOK OF MEME/Tether (BOMEUSDT): 2026-01-09

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 9, 2026 6:06 am ET1min read
BOME
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Aime RobotAime Summary

- BOMEUSDT tested $0.000710 support, rebounding with a bullish hammer at 04:00 ET, signaling potential reversal.

- RSI near 30-40 and weak momentum suggest oversold conditions, while volume failed to confirm bearish breakout during 20:00-21:00 ET selloff.

- Bollinger Bands narrowing and 50-period MA crossing below price hint at near-term bearish bias, with key resistance at $0.000725 and $0.000730.

- Fibonacci levels at $0.000710 (61.8%) and $0.000725 (38.2%) act as critical support/resistance, with a break above $0.000725 potentially rekindling bullish sentiment.

Summary
• Price tested key support at $0.000710 before rebounding, forming a bullish hammer at 04:00 ET.
• RSI hovered near 30–40, indicating weak momentum and potential oversold conditions.
• Volume spiked during the 20:00 ET–21:00 ET selloff, but turnover failed to confirm bearish breakout.
• Bollinger Bands narrowed during consolidation, suggesting potential for a breakout in either direction.
• 50-period MA on the 5-minute chart crossed below price, hinting at near-term bearish bias.

BOOK OF MEME/Tether (BOMEUSDT) opened at $0.000722 on 2026-01-08 at 12:00 ET, peaked at $0.000732, and bottomed at $0.000710, closing at $0.000714 by 12:00 ET the next day. Total 24-hour volume was 555,519,894.0, with notional turnover of $395,999.57.

Structure & Formations


Price action showed a strong bearish move during the 20:00–21:00 ET window, dipping to $0.000710, a level that appeared to act as a short-term support. A bullish hammer formed at 04:00 ET, suggesting potential reversal from the 24-hour low. Resistance levels at $0.000725 and $0.000730 were repeatedly tested, with price failing to break above either.

Trend & Moving Averages


The 20-period and 50-period moving averages on the 5-minute chart crossed bearishly in the early hours of 2026-01-09, reinforcing the downward bias. Daily 50/100/200 SMA showed a flat to slightly bearish alignment, indicating no strong uptrend to counter recent weakness.

Momentum and Volatility



RSI fluctuated within a range of 30–50, showing weak momentum and no clear overbought or oversold extremes. MACD remained in negative territory, with a bearish divergence appearing as price bottomed while momentum failed to confirm. Bollinger Bands showed a narrowing trend during consolidation, suggesting an upcoming volatility expansion.

Volume and Turnover


The largest 5-minute volume spike occurred at 20:00 ET, with 81,022,752.0 traded but only $57,671.73 in turnover, signaling low conviction in the selloff. A divergence appeared between volume and price as turnover dipped during the 04:00–05:00 ET rebound, casting doubt on the bullish hammer’s strength.

Key Levels and Fibonacci Retracements


Fibonacci retracement levels on the 5-minute chart identified $0.000710 (61.8%) as a critical support, while the 38.2% level at $0.000725 acted as a temporary resistance. On a daily chart, a retracement from the recent high of $0.000732 to $0.000710 placed 61.8% at $0.000719, a level price tested during the last 24 hours.

Looking ahead, a break above $0.000725 could rekindle short-term bullish sentiment, but a retest of $0.000710 below that level may confirm bearish bias. Investors should remain cautious, as high volatility remains a risk with no clear directional bias in indicators.