💀 $BMT /USDT – Brutal Meltdown or Bargain Entry?
📊 Chart: 1H Timeframe
Current Price: $0.08716 (▼-32.75%)
24H High/Low: $0.13223 / $0.08371
MA(20): $0.08716 (exactly at current price)
📉 Market Behavior:
BMT got wrecked in classic vertical dump fashion — dropping nearly 40% in just a few candles. Since the bottom at $0.08371, price has been consolidating in a flat structure with weak volume, suggesting uncertainty and a lack of buyers stepping in yet.
📊 Momentum Snapshot:
• MA(20) acts as both magnet and potential resistance
• Volume collapsed after the sell-off
• Slight bullish divergence in small timeframes possible
• Order book shows 50/50 indecision between bulls and bears
🧱 Key Levels:
• Support: $0.0837 (must hold)
• Resistance: $0.0925 then $0.104
• Breakout Zone: $0.104–$0.115 for structural reversal
💡 Opinion – Trade Setup Idea:
Scenario 1: Speculative Long (Bounce Attempt)
• Entry: $0.086–$0.088
• TP1: $0.0925
• TP2: $0.100
• SL: $0.082
Scenario 2: Dead Cat Short
• Entry: $0.093–$0.095
• TP1: $0.085
• TP2: $0.080
• SL: $0.100
Structure is broken, but tight scalps are possible. A strong bullish engulfing or sudden spike in volume would shift the momentum. Right now, it’s still a no-man’s-land unless you love knife-catching or shorting exhaustion.
⚠️ DYOR – Trade cautiously in these post-dump zones. They attract both bottom hunters and trap setters. Confirmation is key — don’t FOMO into the next red candle.
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