BOOK OF MEME (BOME) Bearish Price Structure, Support and Resistance

BOOK OF MEME (BOME) closed at 0.0006934 USDT on October 15, 2026, down 4.17%. The asset now sits in a bearish structure. Price entered this structure after closing below 55-day support at 0.0007452 USDT on October 14, 2026. Current 55-day support is near 0.0006666 USDT, with resistance near 0.0013488 USDT. A daily close above MA14 at 0.0009536 USDT would weaken the regime and shift price back into sideways.

BOOK OF MEME spent about 62 sessions consolidating above the 0.0007452 USDT support level before a breakdown closed below it. This confirmed the bearish structural transition. The extended compression period shows sustained pressure at the support level, where repeated attempts to hold failed until sellers took control and pushed the price lower.

BOME is trading below short-term moving averages while still holding above longer-term support. MA100 at 0.0007969 USDT may cap short-term recovery attempts, while MA200 at 0.0006404 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure. BOME recently closed below its prior 55-day low, shifting its structure into a bearish regime. MA50 is declining at -2.44% over 10 days, but MA100 remains at +15.68% over 20 days, showing the breakdown has short-to-medium-term moving-average alignment but has not yet pulled longer-term averages lower.

BOME shows moderate trading friction, with a 3-day friction score of 46.4. 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 fell -8.28% in one day and remains near the lower side of its 60-day range. This shows participation is weak and exposure is still being reduced.

Funding is positive on the 24-hour average at +0.001988%, while the 7-day average is +0.000954%. This shows fresh long-side cost pressure rather than a sustained build across the week.

The long/short ratio is 0.81, sitting near the lower side of its 180-day range at 14.51%. This means short accounts dominate, with the long/short reading near the low side of recent history.

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 strengthening. Over the 180-day window, the relationship is stable.

BOME is showing wider movement, but participation is not fully backing it. ATR% reads 15.00, above its 180-day range, while Bollinger Band width% reads 47.58, above its 30-day range. 20-day Volume Z-score is 0.15, showing near-normal participation.

Momentum is weaker. RSI is 31.28, ROC14 is -27.60%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.

The read is cautious: downside momentum is active, but volatility and participation do not confirm a strong break yet.

The Sigloid Index remains in a sideways regime, showing no clear broad market direction. BOME has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.

For BOME, the next structural shift depends on key levels. Staying below MA14 at 0.0009536 USDT keeps the current trend intact. A daily close above MA14 would weaken the structure and push price back into a range, while a confirmed break above 55-day resistance at 0.0015699 USDT would establish a bullish regime.