🚨 $BMT /FDUSD – Infrastructure Token MELTDOWN! -11.6% 🔻 RSI at 15?! Oversold Madness or Just the Beginning?
$BMT just tanked to $0.0806, smashing its previous support. With RSI deep in oversold territory and trend momentum worsening, is this a high-risk bounce play or a straight freefall?
📊 Market Overview
📍 Current Price: $0.0806
📈 24h High: $0.0980
❄️ 24h Low: $0.0806
📊 24h Volume: 132.6K BMT
💸 FDUSD Volume: $10.98K
📉 Parabolic SAR: Bearish trend still accelerating
📉 Technical Indicators
🔸 MA(7): $0.0813
🔸 MA(25): $0.0856
🔸 MA(99): $0.0969
🔸 RSI(6): 15.12 (EXTREMELY oversold!)
🔸 Volume: High on dump = capitulation or exit?
📈 BMT Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (Oversold Bounce off $0.080)
• Entry: $0.080–$0.083
• Targets: $0.089, $0.098
• Stop-Loss: $0.076
🔹 Bearish Scenario (Continuation Below $0.080)
• Entry: $0.079–$0.074
• Targets: $0.070, $0.063
• Stop-Loss: $0.084
📉 Zoomed Out View
⚠️ MA cluster well above price = heavy resistance
⚠️ RSI at 15 = bounce likely, but momentum is dead
📉 Losing MA(25) = momentum totally broken
📌 Pro Tip:
• Oversold RSI ≠ guaranteed reversal—wait for confirmation
• High-reward short if price retests MA(25) and fails
💬 Bounce hunters vs. breakdown traders—who wins? Drop your bias below 👇
🔥 LIKE + RETWEET for more sniper setups! 🧠📈
