Price Position and Structural State
BOOK OF MEME (BOME) closed at 0.0009026 USDT on August 30, 2026, down 8.92%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.0003925 USDT, with resistance near 0.0015699 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
BOME is trading below short-term moving averages while still holding above longer-term support. MA20 at 0.0009581 USDT may cap short-term recovery attempts, while MA50 at 0.0006939 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
BOME shows moderate trading friction, with a 3-day friction score of 45.7. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -7.22% in one day, showing clear position reduction. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is near neutral across the 24-hour and 7-day averages, at +0.000765% and +0.002983%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 0.69, sitting near the lower side of its 180-day range at 4.09%. This means short accounts dominate, with the long/short reading near the low side of recent history.
Correlation, Beta, and Index Relationship
BOME shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.365 | 1.214 | 0.133 | Moderate linkage |
| 60D | 0.395 | 1.192 | 0.156 | Moderate linkage |
| 180D | 0.533 | 1.233 | 0.284 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
BOME is moving more day to day, but participation remains weak. ATR% reads 14.15, near the lower side of its full historical range, while Bollinger Band width% reads 67.09, near the middle of its full historical range. 20-day Volume Z-score is -0.43.
ROC14 is +9.04%, while RSI is 50.53 and MACD histogram remains negative. Multi-day acceleration has improved, but the broader momentum picture is still incomplete.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. BOME has a moderate link to that market condition, so market strength can still influence price behavior, while asset specific factors also matter.
Key Levels for the Next State Change
For BOME, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.0015699 USDT establishes a bullish regime, while a daily close below 55-day support at 0.0003925 USDT confirms a bearish regime.