$BMT 🔹 Current Price: 0.0724 USDT
🔹 Nearby Support: 0.0681 (bounced from it a few hours ago)
🔹 Nearby Resistance: 0.0732 – 0.0735 (a clear line that might temporarily halt the rise)
Indicators:
Bollinger Bands: The price has returned to move in the middle of the channel after touching the lower limit ⇒ there is an attempt to rise.
MACD: Still very weak and close to the zero line ⇒ there is no strong momentum currently.
Trading Volume: Average, no significant liquidity explosion.
Pattern: It looks like a small ascending channel (rising wedge), and usually, these patterns end in a decline if the resistance is not strongly broken.
Short-term Expectation:
If it breaks 0.0735 with clear volume ⇒ it could continue to 0.076 – 0.078.
If it fails to break and returns below 0.072 ⇒ it may retest 0.070 – 0.068.
📌 Summary:
The price is now in a critical resistance area, and if it cannot break 0.0735, it may drop again.
Short-term overall trend: Neutral leaning towards weak rise, but if it loses momentum, it will drop again.