8.4 Market Overview: BMT Ascending Triangle Structure #Bubblemaps

$BMT With the market leading, the trend has begun to rebound, forming an ascending triangle structure; resistance above at 0.0763 and 0.0775, support below at 0.07503 and 0.07353

Waiting for a breakthrough above 0.0763 to stabilize and then go long, with a stop loss below the trend line at 0.0756, targeting 0.0775 and 0.07879; currently, it has bounced back to the trend line, you can close long positions at market price, with a stop at 0.07503, and the target remains unchanged

0.0763 support and resistance swap positions, at this point, choosing a right-side false breakout to go short is also an option; however, based on market trends, choosing a right-side breakout to go long is a more stable trend-following approach @Bubblemaps.io

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