#BMTOnBinance Buy or Sell here is technical analysis , DYOR before taking any decision.

1. Trend & Momentum

Price Action: +25.22% increase, indicating strong bullish momentum.

Current Price: 0.2458 USDT, close to resistance levels at 0.2465 - 0.2466.

Support Levels: Around 0.2455 - 0.2458, where buy orders are stacked.

➡️ Bullish Bias (Good for Buy/Long)

If price holds above 0.2455, there is room for an upward move.

A breakout above 0.2466 could push higher.

⬇️ Bearish Bias (Good for Sell/Short)

If the price fails to break 0.2466, it may signal a pullback.

Selling pressure increases above 0.2465, where large sell orders are placed.

2. Order Book Analysis

Buy Side (Support): Strong bids at 0.2455 - 0.2459, meaning demand exists.

Sell Side (Resistance): Heavy sell orders at 0.2463 - 0.2466, meaning supply may push prices down.

Market Depth: More resistance than support suggests potential short-term rejection.

3. Funding Rate (-0.1747%)

Negative funding means shorts pay longs, which indicates more traders are shorting the market.

This could mean a potential short squeeze (shorts covering positions, pushing prices higher).

Implication:

If funding remains negative and price moves up, it could trigger a squeeze (bullish).

If funding remains negative and price stalls, it may confirm seller dominance (bearish).

Final Decision: Buy or Sell?

✅ Buy/Long if:

Price breaks 0.2466 (resistance) with strong volume.

Funding rate starts turning positive (signaling more long interest).

Market depth shows buyers absorbing resistance levels.

⛔ Sell/Short if:

Price fails to break 0.2466 and rejects downward.

Order book shows heavy sell walls, causing a reversal.

Funding rate remains negative, indicating continued short pressure.

🔹 Recommended Strategy:

Wait for confirmation above 0.2466 before long

Short if price rejects 0.2466 and drops below 0.2455.

Use stop-loss