Market Overview for BOOK OF MEME/Tether (BOMEUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 17, 2025 4:03 am ET1min read
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Aime RobotAime Summary

- BOMEUSDT traded between $0.000605-$0.000615 on 5-minute chart with failed breakouts above $0.000615.

- RSI near 50 and contracting Bollinger Bands signal weakening momentum and potential volatility expansion.

- Volume spikes at 23:00/00:00 ET coincided with price declines, showing bearish divergence.

- Key support at $0.000605 held but 20/50-period MAs remain bearish; 61.8% Fibonacci level critical for near-term direction.

Summary
• Price action shows consolidation between $0.000605 and $0.000615 on the 5-minute chart.
• RSI and MACD signal weakening momentum, with RSI hovering around 50.
• Bollinger Bands contract in late ET hours, hinting at potential volatility expansion.
• Volume spikes near 23:00 and 00:00 ET, but price drifted lower, indicating bearish divergence.

BOOK OF MEME/Tether (BOMEUSDT) opened at $0.000612 on 2025-12-16, reached a high of $0.000621, and closed at $0.000599 by 12:00 ET on 2025-12-17. The total volume traded was approximately 285.3 million, with a notional turnover of $173.4K.

Structure & Formations


Price action remains within a tight $0.000605–$0.000615 range on the 5-minute chart, with multiple attempts to break above $0.000615 failing. Key support appears at $0.000605, where price found buyers in late ET hours. A bearish engulfing pattern formed at $0.000612 at 19:30 ET, suggesting a short-term bearish bias.

Moving Averages


On the 5-minute chart, the 20-period MA is above the 50-period MA, but price has spent most of the session below both, signaling bearish pressure. On the daily chart, price remains below the 50/100/200 MAs, suggesting further consolidation or bearish continuation is likely.

Momentum & Volatility


Relative Strength Index (RSI) has oscillated between 40 and 60, indicating indecision and no clear overbought or oversold condition. MACD has been negative and near the zero line, suggesting weak bullish momentum.
. Volatility, as measured by Bollinger Bands, contracted sharply after 23:00 ET, signaling the potential for a breakout or breakdown in the next 24 hours.

Volume & Turnover


High-volume periods occurred near 23:00 and 00:00 ET, but price drifted lower despite the increased participation, indicating bearish divergence. Turnover spiked alongside volume in the early hours, but the lack of directional bias suggests profit-taking or stop-loss activity.

Fibonacci Retracements


Recent 5-minute swings show price retesting the 61.8% Fibonacci retracement level at $0.000605 as a key support. On the daily chart, the 38.2% retracement at $0.000609 could serve as a near-term target for buyers if a rebound occurs.

Market Outlook

The near-term outlook suggests continued consolidation or a bearish continuation below $0.000605. A breakout above $0.000615 could re-energize buyers, but the bearish divergence in volume and the weak MACD signal caution. Investors should closely monitor $0.000605 and the $0.000615 levels for directional clues in the next 24 hours, while noting the risk of further sideways consolidation or a sharp break below key support.