š„#BMTOnBinanc Will It Go Down More Or Go Recovering Mood š°
š $BMT /USDT: Consolidation Phase ā Breakout or Breakdown?
šø BMT is currently in a consolidation phase after a massive spike and correction.
Key Levels to Watch:
š¹ Resistance: $0.2570 ā Needs a strong breakout for bullish continuation.
š» Support: $0.2080 ā If broken, further downside is likely.
Trade Outlook:
š“ Bearish Scenario (Breakdown Below Support):
ā Short Entry: Below $0.2390
ā Target 1: $0.2200
ā Target 2: $0.2080
ā Invalidation: Above $0.2570
š¢ Bullish Scenario (Breakout Above Resistance):
ā Long Entry: Above $0.2570
ā Target 1: $0.2800
ā Target 2: $0.3000
ā Stop-loss: Below $0.2390
š Final Thoughts:
BMT needs a clear breakout or breakdown from this range. If it holds above $0.2390, bulls might push higher. However, if it loses support, expect more downside.
š¬ What's your move? Bullish breakout or bearish breakdown? šš