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Summary
• Price climbed to 0.000603 before consolidating near 0.000596–0.000598.
• Volume surged during 02:15–04:45 ET, confirming bullish momentum.
• RSI showed overbought levels temporarily, with pullbacks to 57–59.
• Bollinger Bands widened as volatility increased, with price near the midline.
• No strong reversal patterns, but a bullish continuation bias appears to persist.
BOOK OF MEME/Tether (BOMEUSDT) opened at 0.000584 on 2025-12-29 at 12:00 ET–1, reached a high of 0.000603, and closed at 0.000596 at 12:00 ET. Total volume was 705,764,139.0 and turnover was 414,403.19 USDT.
Structure & Formations
The price displayed a strong bullish bias during early ET hours, forming a series of higher highs and higher lows. A key resistance level appears to have formed near 0.000603, where the asset briefly tested the level before consolidating. No major reversal patterns, such as doji or engulfing candles, were observed, but the continuation pattern remains intact with volume support.
Moving Averages and Momentum

Volatility and Bollinger Bands
Bollinger Bands expanded during the morning hours, reflecting increased volatility. Price spent much of the session near the midline of the bands, suggesting consolidation after a sharp move. The widening of the bands suggests market uncertainty or potential for further movement in either direction.
Volume and Turnover Analysis
Volume spiked during the 02:15–04:45 ET window, coinciding with the high of 0.000603. This volume surge supported the price increase, indicating strong buying interest during key sessions. Turnover followed the volume pattern, with the highest notional turnover observed between 02:15–04:45 ET.
Fibonacci Retracements
Applying Fibonacci retracements to the most recent 5-minute swing from 0.000584 to 0.000603, the price briefly touched the 61.8% retracement level before consolidating. The 38.2% level at around 0.000594 served as a minor support zone. On the daily chart, Fibonacci levels could provide additional insight if a stronger move develops in the next 24 hours.
The next 24 hours may see continued consolidation near 0.000596–0.000598 or a test of the 0.000603 resistance. Traders should remain cautious of potential pullbacks as momentum shows signs of slowing.
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