BMT Coin (BMT) Market Analysis
Technical Overview: BMT has shown strong bullish momentum recently after breaking out from the 13-14 cent accumulation zone. The coin faced initial resistance around $0.17, but with that now being tested, the path appears relatively smooth toward the $0.22–$0.24 range.
Key Highlights:
Entry Zone: $0.15–$0.17 (confirmed breakout area)
Current Resistance: $0.17 (testing zone)
Targets:
TP1: $0.21 (Partial Profit Recommended)
TP2: $0.24 (Main Target)
TP3 (Extension): $0.46 (Long-Term Speculative Target)
Stop Loss: $0.13 (below key support zone to protect capital)
Fundamentals:
Market Cap: ~$43 million (still low-cap, room to grow)
24h Volume: ~$59 million (strong interest)
Listed on major exchanges recently, boosting liquidity and exposure
Commentary: Despite decreasing volume, the technical structure remains bullish. The coin successfully retested the breakout level multiple times and held strong. As long as BMT trades above $0.13–$0.14, the bullish thesis remains valid.
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