CryptoSahida
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Bullish
$BMT #Bubblemaps and $BMT @Bubblemaps.io
🟡 $BMT is testing key support levels after a brutal drop from $0.1484. At the current price of $0.0757, the token has lost over 49% of its value in just over a month. The price recently bounced from a low of $0.0722, suggesting buyers are trying to defend this zone.
However, the SAR (Stop and Reverse) indicator at $0.0908 still signals a bearish trend, and momentum remains weak. Volume has slightly picked up, with over 17M BMT traded in the last 24 hours, but it's still below breakout levels.
The Moving Averages show declining pressure:
• MA(5): 15.5M
• MA(10): 23M
If the price breaks above $0.0785, it may attempt to test the $0.0810–$0.0830 resistance zone. A rejection there would confirm continued weakness. On the flip side, a breakdown below $0.0720 could lead to a retest of $0.0680 or even lower.
Short-term traders should watch for a breakout with volume. Long-term holders should be cautious until the chart forms a clear bottom with strong reversal candles. Market sentiment remains uncertain.
🟡 $BMT is testing key support levels after a brutal drop from $0.1484. At the current price of $0.0757, the token has lost over 49% of its value in just over a month. The price recently bounced from a low of $0.0722, suggesting buyers are trying to defend this zone.
However, the SAR (Stop and Reverse) indicator at $0.0908 still signals a bearish trend, and momentum remains weak. Volume has slightly picked up, with over 17M BMT traded in the last 24 hours, but it's still below breakout levels.
The Moving Averages show declining pressure:
• MA(5): 15.5M
• MA(10): 23M
If the price breaks above $0.0785, it may attempt to test the $0.0810–$0.0830 resistance zone. A rejection there would confirm continued weakness. On the flip side, a breakdown below $0.0720 could lead to a retest of $0.0680 or even lower.
Short-term traders should watch for a breakout with volume. Long-term holders should be cautious until the chart forms a clear bottom with strong reversal candles. Market sentiment remains uncertain.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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