clear analysis for $BMT /USDT based on the data provided:
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BMT/USDT Technical Outlook (Short-Term)
Current Price: $0.0890
Trend: Slightly bearish, price is below the 60-period moving average (MA60 at $0.0899)
24h Range: $0.0883 – $0.0935
Volume: Decent liquidity (Vol: 239K BMT, $1.66M USDT)
Analysis:
BMT is showing short-term weakness after failing to hold above the MA60. The price is hovering near its 24h low ($0.0883), suggesting limited buying pressure. Unless there's a strong rebound soon, it may retest support at $0.0880 or lower.
Suggested Trade Setup (Short-Term Bearish Bias):
Entry: $0.0890 (current price)
Target (TP): $0.0870
Stop-Loss (SL): $0.0905
Risk/Reward: Conservative short with tight risk control.
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