📊 Short-Term Trading Strategy (15–30 Minute Chart) for Bubblemaps (BMT)
🔍 Market Overview
Current Price: $0.1854
24H Change: +30.2%
24H Range: $0.1330 – $0.1871
Trend: Bullish momentum with increased volatility
⚙️ Entry Strategy
🔼 Breakout Entry
Condition: If BMT breaks above the recent high of $0.1871 with strong volume, consider entering a long position.
Confirmation: Look for bullish candlestick patterns and increasing volume on the 15–30 minute chart.
🔁 Pullback Entry
Entry Zone: $0.1600 – $0.1700
Confirmation: Wait for a bounce from this support zone with bullish reversal patterns before entering.
🎯 Take-Profit Targets
TP1: $0.1950
TP2: $0.2050
TP3: $0.2150
🛑 Stop-Loss Placement
Breakout SL: Below $0.1800
Pullback SL: Below $0.1550
📊 Technical Indicators
RSI: Monitor for overbought conditions above 70, which may indicate a potential pullback.
MACD: Look for bullish crossovers to confirm upward momentum.
Volume: Increasing volume on upward price movements can confirm the strength of the trend.
⚠️ Risk Management Tips
Position Sizing: Risk no more than 1–2% of your trading capital on a single trade.
Risk-Reward Ratio: Aim for a minimum of 2:1 to ensure potential profits outweigh losses.
Market Conditions: Stay updated on news and events that might impact $BMT 's price.