BMT is looking fierce with an 8.19% intraday gain and a current price of $0.0964! To determine if you're positioned for the next move, let's analyze the given trade setup ¹:
- *Entry Zone*: $0.0950 - $0.0965 (you're right in the zone with the current price)
- *Target 1 (TP1)*: $0.1015, a 5.7% increase from the current price
- *Target 2 (TP2)*: $0.1080, a 12% increase from the current price
- *Stop-Loss*: Below $0.0918, a 4.7% decrease from the current price
For the rally to extend rapidly, $BMT needs to:
1. Hold above $0.0945: A crucial support level
2. Break past $0.0980 resistance: With strong volume, indicating increased buying pressure
Some predictions suggest BMT could reach $0.30 to $1.50 in 2025, depending on market sentiment and adoption. Key levels to watch are ² ¹:
- *Immediate Resistance*: $0.0980
- *Key Resistance*: $0.1015 (TP1) and $0.1080 (TP2)
- *Support Levels*: $0.0945 and $0.0918
Keep a close eye on the next few candles and adjust your strategy accordingly!