📉 BMTUSDT Futures Technical Analysis 📈

🔹 Current Price: $0.2134
🔹 1H Timeframe Analysis
🔹 200 MA Level: Not visible (Price trading below)
🔹 RSI (14): 43.27 (Near Oversold)

BMTUSDT saw a sharp rally but is now experiencing a pullback after hitting highs around $0.3159. The price is consolidating and showing signs of weakness, with RSI approaching the oversold region, hinting at a possible bounce.

📊 Key Observations:

✅ Price is in a corrective phase after a strong uptrend.

✅ RSI is near oversold levels, suggesting selling pressure may be fading.

✅ Holding above $0.21 could provide support for a potential rebound.

✅ A drop below $0.21 may trigger further declines toward $0.18–$0.16.


💡 Trading Strategy:
🚀 Bullish Case: If BMT holds above $0.21 and gains momentum, a bounce toward $0.25–$0.28 is possible.

⚠️ Bearish Case: A breakdown below $0.21 could lead to a deeper correction, targeting $0.18.


📍 Key Levels to Watch:

📌 Resistance: $0.25 | $0.28 | $0.315

📌 Support: $0.21 | $0.18 | $0.16


#BMTUSDT #CryptoTrading #TechnicalAnalysis #Altcoins 🚀