🛑$BMT /USDT – Bullish Reversal! Setting up a buy trade unfolding
🛑Current Price: $0.1409
🛑Time Frame: 30-Minute Chart
🛑Trend: Reclaiming bullish momentum
Market Outlook
🛑BMT just bounced off its local support at $0.1248 with strong buying volume (12M USDT). The recent increase above $0.138 confirms bullish strength. The price is nearing its 24-hour high of $0.1411, and a clean break above may trigger further upside.
Why Take This Trade
🛑 Strong bounce from the key demand zone ($0.1248)
🛑 Volume-supported movement with a bullish engulfing candle
🛑 Market structure has turned bullish with higher lows
🛑 Momentum shift confirmation with RSI recovery
Buy Trade Setup
🛑Entry Zone: $0.1383 – $0.1408
🛑Stop Loss: Below $0.1345
🛑✅Target 1: $0.1430 (Minor Resistance)
🛑✅Target 2: $0.1455 (Psychological Level)
🛑✅Target 3: $0.1480 (Supply Zone from Previous Rejection)
🛑Watch for a break above $0.1411 with volume. If bulls maintain pressure, we could see a clean rise to $0.1480.