BOOK OF MEME prices soared more than 16% to $0.00079. BOME's trading volume surged 238%.
Book of Meme (BOME) is a frog-themed memecoin based on the Solana blockchain. In the past week, the asset has risen significantly, reaching 16%. Currently, the buyer dominates the direction of the asset. At the same time, the technical structure remains positive.
As the memein continues to trade in an upward trend, the price alignment confirms that bulls dominate the broader market trend of BOME. In addition, buyers need to maintain stronger momentum to maintain a positive chart shape.
As of the time of publication, the price of Book of Meme was trading around US$0.0007948 after rising more than 16.55%. In early trading, the meme once hit a low of $0.0006468. Subsequently, driven by bull power, BOME tested and broke through key resistance levels, pushing the price up to $0.0008819.
As a result, its market value has reached US$55.44 million, while daily trading volume of Book of Meme has soared more than 238% to stabilize at approximately US$100.78 million. According to Coinglass data, the BOME market cleared $820,390 in 24 hours.
Where will Book of Meme prices go next?
The short-term price trend of this asset requires finding several important ranges in the next few days. The main resistance level for BOME could be at $0.00081. If the price strongly exceeds US$0.00083, it is confirmed that the buyer is in control of the situation and is expected to hit a higher target price.
On the other hand, if momentum wanes, immediate support for Book of Meme could be at $0.00077. A deeper correction will push prices further lower, with the expected range below US$0.00075, a key area that will determine whether the memin stabilizes or continues to fall.
Is the technical settings of BOME pointing positive or negative?
The moving average convergence divergence (MACD) line is above the signal line, triggering an active buy signal, indicating that momentum is expanding. Both are above the zero line, confirming that buyers are in full control of BOME's broader market structure. This bullish alignment shows a strong uptrend and active short-term acceleration, with the path of least resistance remaining upward.
(Source: TradingView)
In addition, the Book of Meme's daily relative strength index (RSI) is near 68.56, indicating that strong, aggressive buying momentum is approaching its peak. This value is above the 50-median line, suggesting buyers are driving a clear, dominant upward trend. It may hit overbought territory and the current upward trend is strong, but note that when standard resistance is hit, potential short-term consolidation can occur.
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