$BMT /USDT – Bearish Momentum with Support Test Ahead 📉
Current Price: 0.0776 (-7.51%)
BMT is in a clear downtrend, trading near its 24h low of 0.0732. Sellers remain in control, but with RSI sitting at 35.94, the market is nearing oversold territory where a short-term bounce could form.
Support Levels: 0.0732, 0.0722
Resistance Levels: 0.0780, 0.0818, 0.1030
Trade Setup:
Short Entry Zone: 0.0780 – 0.0814 on rejection.
🎯 TP1: 0.0732
🎯 TP2: 0.0722
Stop Loss: Above 0.0818.
Long Entry Zone (High Risk): Only on strong breakout above 0.0818 with volume.
🎯 TP1: 0.0850
🎯 TP2: 0.1030
Stop Loss: Below 0.0780.
Pro Tip: If 0.0732 breaks with strong selling volume, expect further downside. If RSI dips below 30, watch for bullish divergence signals before attempting counter-trend trades.
#Bubblemaps is a blockchain data visualization platform that transforms complex on-chain data into easy-to-understand "bubble maps." Each bubble represents a wallet, with its size indicating the amount of a specific token it holds, while lines show transactions between them. The platform helps users identify token distributions, detect suspicious activity, and uncover hidden connections, making blockchain analysis more accessible. BMT is the native utility and governance token for the Bubblemaps ecosystem.#Bubblemaps @Bubblemaps.io $BMT