๐$BMT /USDT โ Momentum-Driven Breakout Testing Resistance Zone๐ค๐๐
๐น Current Price: $0.1121
๐ 24H Gain: +23.32%
๐ Volume: 67.4M BMT | 7.03M USDT
๐ Category: Infrastructure
Status: Top Gainer
๐ Technical Breakdown๐
๐ 1H Chart Insights:๐
Strong vertical rally with nearly 10 consecutive green candles
$BMT Price is extended far above both EMA 20 ($0.1028) and EMA 50 ($0.0982)
MACD continues to expand bullishly ๐
RSI = 82.23 โ Extremely overbought ๐จ
๐ Conclusion: Market is in euphoric pump zone; risk of exhaustion rising near $0.1130
๐ 4H Chart Insights:๐
$BMT Price has pushed into a key supply zone near EMA 50 (~$0.1138)
RSI: 60.32 and rising โ confirming momentum
MACD crossover just occurred โ fresh bullish signal
๐ Conclusion: Momentum breakout is strong, but now testing resistance
๐ง Strategy Plan โ Trade with Precision, Not Emotion
โ Breakout Strategy (If Resistance Breaks)
Entry: $0.1145โ$0.1160 (on 4H candle close above EMA 50)
TP1: $0.1220
TP2: $0.1280
SL: $0.1080
๐ Pullback Strategy (Safer Entry for Risk-Averse Traders)โ
Entry: $0.1035โ$0.1055 (bounce zone near 1H EMA 20)
TP1: $0.1120
TP2: $0.1180
SL: $0.0975
โ ๏ธ Caution:
RSI > 80 on 1H = very high short-term risk of pullback
Avoid chasing green candles without volume confirmation
Watch for rejection candles near $0.1138
๐ก Pro Tip:
โWhen RSI screams overbought but trend is strong, donโt chaseโwait for dips or confirmations.โ
๐ This is technical analysis for educational use. Not financial advice. Always use stop-loss and manage risk smartly.
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