$BMT
Alright, let's break down your BMT/USDT chart carefully:
Overall Situation:
Current Price: 0.1338 USDT
24h Change: +52.57% (massive gain)
24h High/Low: 0.1391 / 0.0862 (shows strong bullish movement today)
Volume: 198.42M BMT traded (VERY high volume)
Indicators:
EMA (9): 0.0958
EMA (20): 0.0965
→ Price is much higher than both EMAs → strong bullish trend.
MACD: 0.0088
→ MACD is positive → confirms upward momentum.
RSI (7): 86.99
→ RSI above 70 = overbought → caution: price could face a short-term pullback or consolidation.
Volume: 190M+
→ High volume confirms the move. This is not a fake pump, at least for now.
Chart Candles:
The last candle is a huge green candle, with very small wicks.
This indicates strong buying pressure with little resistance.
Order Book (Bid/Ask):
Bid: 0.1338
Ask: 0.1339
→ Very tight spread → active trading.
Conclusion:
Trend: Very bullish short term.
Risk: High, because RSI is overheated (could correct soon).
Opportunity: If you are already in profit, consider partial selling or tight stop loss.
If thinking to buy now, wait for a pullback to avoid getting caught in a sudden drop.
My Tip:
If holding: Trail your stop loss to lock profits.
If not in yet: Wait for RSI to cool down below 70 or price to retest support (~0.1150-0.1200 zone).
Would you like me to also give you a possible support/resistance zones and next price targets based on this chart?
(Just say yes!)