Market Overview: BOOK OF MEME/Tether (BOMEUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Jan 6, 2026 5:05 am ET1min read
BOME
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Aime RobotAime Summary

- BOMEUSDT surged past 0.000802 with a bullish engulfing pattern, closing at 0.000805 after hitting 0.000839.

- RSI entered overbought territory (>70) and Bollinger Bands widened, signaling heightened volatility near 0.000813.

- Volume spiked to 479M contracts on final 5-minute candle, with $386.9M notional turnover and 61.8% Fibonacci breakout.

- 20-period MA provided early support while 50-period MA suggests potential re-entry near 0.000805-0.000810 range.

Summary
• Price broke above 0.0008 with a bullish engulfing pattern on 0.000802–0.000813.
• RSI hit overbought territory near close, signaling possible short-term pullback.
• Volatility expanded significantly as volume surged past 479 million on the final 5-minute candle.
• Bollinger Bands widened with price near the upper band at 0.000813.
• 20-period MA acted as dynamic support during early retracements, now lagging below price.

BOOK OF MEME/Tether (BOMEUSDT) opened at 0.000778 on 2026-01-05 12:00 ET, surged to a high of 0.000839, and closed at 0.000805 on 2026-01-06 12:00 ET. The total volume reached 1.98 billion, with a notional turnover of $386,907.82.

Price Structure and Patterns


The 24-hour OHLCV data showed a bullish continuation with a strong breakout above 0.000802. A bullish engulfing pattern formed on the 0.000802–0.000813 range, confirming upward momentum. Key resistance appears at 0.000839 (24-h high), with a critical support at 0.000792.
A doji near 0.000822 suggests a potential near-term pause or consolidation.

Momentum and Volatility



RSI rose above 70 in the final hours, indicating overbought conditions. MACD showed a narrowing histogram with a positive crossover suggesting continued bullish bias. Volatility expanded as measured by Bollinger Bands, with price near the upper band at 0.000813, signaling increased market participation.

Volume and Turnover Analysis


Volume spiked dramatically on the final 5-minute candle, with 479 million contracts traded as price declined from 0.000811 to 0.000805. Notional turnover exceeded $38,000 on that candle. A divergence between price and volume in the 0.000822–0.000833 range suggests profit-taking or short-term exhaustion.

Trend and Fibonacci Levels


BOOK OF MEME/Tether appears to have broken above the 61.8% Fibonacci retracement level from the 0.000778–0.000839 swing. A pullback to the 50-period MA on the 5-minute chart may provide a re-entry opportunity. Daily 200-period MA is still below current price levels, suggesting a medium-term bullish trend.

Over the next 24 hours, a pullback to 0.000805–0.000810 may be expected as RSI overbought conditions correct. Traders should monitor the 0.000813 level as a potential short-term ceiling. As always, sudden liquidity shifts or external market news may alter the trajectory.