$BMT /USDT TRADE SETUP & ANALYSIS
✅ Bullish Scenario:
Entry Zone: 0.1140 – 0.1170 (on a pullback retest of neckline support).
Target 1: 0.1220
Target 2: 0.1300
Stop Loss: Below 0.0924
🔍 Chart Analysis –
Inverse Head & Shoulders Formation:
Two clear ‘L’ points and a central lower low indicating an inverse H&S, a bullish reversal pattern.
The neckline has recently been broken near 0.1160 – 0.1170, followed by a strong breakout.
🔄 Key Levels:
Support Levels:
🟢 0.1120 – Strong support and previous breakout base.
🟢 0.1000 – Historical support zone.
Resistance Levels:
🔴 0.1200 – 0.1220 – Immediate resistance zone.
🔴 0.1300 – 0.1350 – Next major resistance if momentum continues.
Ideal for swing traders aiming to ride a bullish continuation.
⚠️ Bearish Rejection Watch:
If price fails to hold above 0.1160, we may revisit 0.1120 or even 0.1000 as support.
📊 Indicators:
Price is above both EMAs, showing bullish momentum.
Volume spike confirms the breakout.
Heikin Ashi candles turning green post-breakout – suggesting trend strength.
🔔 Conclusion:
CATI is showing a strong breakout from a bullish reversal pattern. Watch for a retest near the neckline for an ideal long entry. If momentum holds, the path to 0.13+ looks realistic.
Trade $BMT