$BMT (Bubblemaps) is showing very strong short-term momentum, but the move is becoming overheated.$BMT TradingView currently shows BMT/USDT around $0.033–$0.034, with a very large recent rally.
📊 Key levels
Resistance: $0.0366 → $0.0395 → $0.0430
Support: $0.0300 → $0.0267 → $0.0238
Current bias: 🟢 Bullish, but high-risk/overbought
RSI data from Aug. 9 was around 86, indicating an overbought condition.
🔥 Trading setup
Long: Prefer a pullback/retest around $0.030–$0.032 rather than chasing the spike.
TP1: $0.0366
TP2: $0.0395
TP3: $0.0430
SL: Below $0.0265
Bearish scenario: A clean break below $0.0267 could trigger a deeper retracement toward $0.0238.
Verdict: 🟢 Bullish above $0.030, but because momentum is stretched, waiting for a pullback is safer than entering after a vertical move.
#BMT #SaylorHintsStrategyBitcoinBuy #BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #levelsabovemagical
$BMT
📊 Key levels
Resistance: $0.0366 → $0.0395 → $0.0430
Support: $0.0300 → $0.0267 → $0.0238
Current bias: 🟢 Bullish, but high-risk/overbought
RSI data from Aug. 9 was around 86, indicating an overbought condition.
🔥 Trading setup
Long: Prefer a pullback/retest around $0.030–$0.032 rather than chasing the spike.
TP1: $0.0366
TP2: $0.0395
TP3: $0.0430
SL: Below $0.0265
Bearish scenario: A clean break below $0.0267 could trigger a deeper retracement toward $0.0238.
Verdict: 🟢 Bullish above $0.030, but because momentum is stretched, waiting for a pullback is safer than entering after a vertical move.
#BMT #SaylorHintsStrategyBitcoinBuy #BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #levelsabovemagical
$BMT