$BMT BMT – Short-Term Pullback, Long-Term Potential Remains Strong
Over the past 24 hours, BMT has dropped around 8.73%, pressured by strong selling volumes and bearish technical signals such as downward EMA and MACD trends, alongside continuous capital outflows.
However, from a technical perspective, the token is showing oversold conditions, as its price fell below the lower Bollinger Band and RSI indicates excessive selling. This could set the stage for a potential short-term rebound.
In the long run, the community remains optimistic about BMT, recognizing its value as a crucial tool for on-chain analysis and fraud prevention. Many analysts have even predicted notable price targets ahead of the upcoming altseason.
💬 Could this pullback be just a “setup” for BMT’s next big rally? Share your thoughts below
