BMT/USDT – Strong increase but RSI overbought, so wait for adjustment
Overview:
BMT increased by over +15% and is surpassing MA lines, indicating a clear upward trend. However, RSI across all time frames is overbought, especially the 4H & 1D >90. Volume is gradually decreasing, indicating that the upward momentum lacks continued support.
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Trading Strategy
📌 Spot (Medium-term):
• Do not FOMO at the current price.
• Wait to buy back when it adjusts to 0.105–0.108 (near MA7–MA25)
• Buying conditions:
• RSI(6) drops below 60
• MACD creates a bottom and bounces back
• TP: 0.1150 – 0.1200
• SL: 0.1030 (below MA99)
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⚡ Futures (Short-term):
Main scenario – Long adjustment (65–70%):
• Entry: 0.105–0.108
• SL: 0.103
• TP: 0.115–0.120
• Conditions: RSI cools down, no longer overbought
Alternative scenario – Short term (50–55%):
• Entry: If RSI(6) > 85 and price cannot maintain the range of 0.113
• SL: 0.115
• TP: 0.105
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⚠️ Risk Warning:
• RSI overbought across all 4-hour frames → Very likely to adjust sharply
• Volume decrease → Lack of continued buying force
• Strong fluctuations in BTC could negatively affect
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🎯 Capital Management:
• Use limit orders, maximum 5% of capital
• R:R minimum 1:2
• Prioritize waiting for reasonable entry points rather than chasing prices