$BMT /USDT – Oversold Drop, Rebound Incoming? 🔄
Momentum Analysis:
$BMT has plunged -17.25% in the past 24h, dropping from its high of $0.1186 to a low of $0.0842. Current price action shows signs of stabilizing at $0.0964 with strong support forming near the $0.09 zone. A short-term bounce could be on the horizon if demand builds.
📈 Long Setup (Speculative Rebound Play):
Entry Zone: $0.0910 – $0.0960
Targets:
T1: $0.1050
T2: $0.1120
T3: $0.1175
Stop Loss: $0.0839 (below local low)
🔓 Breakout Confirmation Level: $0.1052
🛡️ Key Support: $0.0840
Pro Tip for Traders:
Volume surged to 103.71M BMT in 24h, hinting at high trader activity. Watch for accumulation signals near $0.09 – if bulls reclaim $0.105, momentum could flip fast.