Following an impressive debut with substantial listing gains, the BOME price analysis delves into its significant 75% surge.

After stabilizing around $0.00800000, #Book of Meme embarked on a consistent upward trajectory. However, it encountered several rejections near the 38.20% Fibonacci Level.

Despite consolidating for over a month, today saw a significant surge in BOME's price as it broke above a notable symmetrical triangle pattern.

On the hourly chart, $BOME has been trading within the confines of a Bullish Flag Pattern.

The Gaussian channel continues to signal bullish momentum, further supported by the breakout from the symmetrical triangle pattern.

Sustaining above this pattern could trigger a rally, with the next resistance level lying at $0.01500000, which coincides with the 50% Fibonacci Level.

According to Coingabbar analysis, conversely, failure to maintain support at the trendline might result in increased selling pressure, potentially driving the price down towards $0.01000000.

KEY LEVELS:

RESISTANCE LEVEL: $0.01500000-$0.02000000

SUPPORT LEVEL: $0.01000000-$0.00800000

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