$BMT Consolidation Before Next Leg?
The $BMT/USDT pair on Binance is consolidating between $0.075–$0.080, with sideways price action hinting at accumulation. After rejecting the $0.082 resistance, BMT is stabilizing, building potential energy for the next breakout.
📊 Price Action Highlights
Range-Bound: $0.075–$0.080
Key Resistance: $0.082
Intraday High: $0.0789
This tight consolidation suggests traders are waiting for a decisive move. If bulls break above $0.082, momentum could accelerate, targeting $0.085+. On the flip side, a rejection could see a retest of $0.072 support.
RSI hovers around 50, confirming balance between buyers and sellers. MACD histogram is narrowing, which usually precedes volatility.
🔎 Market Outlook
The calm phase could be the calm before the storm. A breakout with volume will dictate the next directional move. Traders should watch for volatility spikes at Binance peak trading hours.
☞ 🗣️ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed #Bubblemaps and $BMT @Bubblemaps.io