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📉 BMT/USDT – Technical Outlook (1D Timeframe)

On the daily chart of the BMT/USDT pair, a symmetrical triangle is forming – a classic figure of uncertainty ⚠️. The price is being squeezed between a descending resistance line (since the end of April) and an ascending support line (since mid-May). This signals an impending impulse movement 🚀 or 📉.

📌 Key Levels:

🔼 Resistance: $0.11–0.12 – the area where the price will aim if it breaks upward.

🔽 Support: $0.06 – the nearest target in case of a breakout downward from the figure.

📊 Technical Indicators:

🧨 MA (7, 25, 99): All moving averages are above the price → bear pressure remains.

☁️ Ichimoku: The price is below the cloud, reinforcing the signal of buyer weakness.

🔴 SAR: The indicator points are above the chart, confirming the downward trend.

📈📉 Conclusion:

BMT/USDT is trading in a consolidation zone. There is currently no clear entry signal, and traders should closely monitor the breakout of the triangle boundaries. In case of a breakout upward – a move towards $0.12+ is possible. If it breaks downward — the path to $0.06 will open.