$BMT BMT Intraday Momentum and Range-Building

$BMT is currently stabilizing around $0.0779 after recent volatility, showing strong resilience near support. Intraday analysis highlights a tight trading range between $0.0769–$0.080, which indicates the token is in an accumulation phase. This type of sideways consolidation often precedes sharp moves, making the current setup important for both traders and investors.

The order book on Binance suggests steady demand at lower levels, especially at $0.0769, where buyers have been absorbing sell pressure. On the flip side, sell walls are clustered just above $0.080, creating resistance. Breaking through this barrier could attract breakout traders, driving momentum toward $0.082–$0.0835.

From a technical view, BMT is respecting its 20EMA on the 1H chart, which is trending upward. This moving average often acts as a dynamic support, confirming short-term bullish bias. RSI remains in the neutral zone around 52, suggesting there is still plenty of room for upside without the risk of overbought conditions. MACD has turned positive, though momentum remains modest.

Looking at volume patterns, intraday spikes align with buying attempts at the lower end of the range. This reflects accumulation by patient participants. If volume expands on a breakout above $0.080, it could validate a strong upward continuation.

In terms of risk zones, support remains firm at $0.0751, followed by deeper liquidity at $0.0725. Losing these levels may weaken the bullish structure. On the other hand, a breakout and 4H close above $0.0835 would confirm bullish momentum, with upside targets of $0.090 in the near term.

In summary, $BMT intraday structure shows consolidation with a bullish lean. Traders should watch $0.080 for breakout confirmation, while risk remains manageable as long as $0.075 holds.

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