🔥 $BMT Looks Ripe for a Breakout! 🔥
You're spotting the right signals here. Let’s recap and zoom in on what makes this setup so compelling:
🧠 Technical Breakdown:
Uptrend confirmed on the 1H 📈
Higher lows + sideways coil near resistance = accumulation phase
Volume building gradually, not spiking = smart money likely loading up
📌 Key Technical Zones:
Resistance to Watch: $0.0969 → clean break = breakout trigger
Support to Hold: $0.0920 → important for trend validation
24H High Retest: $0.0970+ close on volume is go time
🎯 Trade Playbook:
Entry Zone: $0.0945 – $0.0955 (pullback = better R/R)
TP Targets:
TP1: $0.0980 (breakout zone)
TP2: $0.1020 (psych level)
TP3: $0.1080 (extension)
SL: $0.0905 (below trend support)
💡 Pro Tip:
If $BMT closes above $0.0970 with a volume surge, consider it a confirmation breakout. These kinds of grind-up setups often snap vertically once resistance folds.
This one could move fast and clean — perfect for breakout scalpers and trend traders alike.