$BMT HOLDS GAINS AFTER STRONG RALLY – CONSOLIDATING FOR NEXT LEG UP?
$BMT is currently trading at $0.1238, maintaining its bullish structure after a sharp intraday surge. Price is now ranging just below recent highs, suggesting potential for another breakout if volume supports.
Key Levels to Watch
• Resistance Zones:
$0.1250 – Immediate resistance ceiling
$0.1274 – 24h high and key breakout point
$0.1300 – Psychological round number target
• Support Zones:
$0.1220 – Short-term support from consolidation $0.1200 – Key structural level to hold for trend continuation
Trade Setup – Tight Range, Bullish Bias
• Bullish Scenario: If $BMT breaks above $0.1250, upside targets include:
TP1: $0.1274
TP2: $0.1300
• Bearish Scenario: A breakdown below $0.1220 may trigger a retest of:
TP1: $0.1200
TP2: $0.1175
Stop-Loss Strategy:
• Longs: Below $0.1215
• Shorts: Above $0.1255