š $BMT /USDT ā TRENDLINE SUPPORT REBOUND SETUP
ā° 4H Timeframe | Binance
š° Price: ~0.1068
š Structure:
Price has rebounded from long-term ascending trendline support (~0.08) after prolonged downtrend and consolidation. Momentum is shifting bullish, signaling a potential mid-term reversal or at least a retracement to upper resistance zones.
š RSI: 62.72 ā Bullish momentum increasing, approaching overbought but still with room.
š„ Entry Zone: 0.104 ā 0.108
šÆ Targets:
⢠TP1: 0.120
⢠TP2: 0.145
⢠TP3: 0.174 (previous high & resistance)
š Stop-Loss: 0.085 (below trendline and recent swing low)
š Risk:Reward: ~3.5R