$BMT /USDT – Bearish Momentum in Play

Momentum Analysis: BMT/USDT is showing a significant drop of 11.65% in the last 24 hours, trading at $0.0751. The price has dipped below key support levels, with a low of $0.0721 and a high of $0.0862. The current trend suggests further downward pressure, especially considering the reduced volume in USDT compared to BMT.

Long Setup:

Entry Zone: Look for potential bounce near $0.0721 to $0.0730

Targets: T1 – $0.0762, T2 – $0.0789, T3 – $0.0793

Stop Loss: Set at $0.0717

Breakout Confirmation Level & Key Support:

Breakout Confirmation Level: $0.0789

Key Support: $0.0721 (critical for a reversal)

Pro Tip for Traders: With the current bearish momentum, exercise caution in any long setups. Wait for confirmation of price stabilization or a reversal signal before entering.

Relevant Hashtags: #BMT #CryptoTrading #USDT #Altcoins #BreakoutAnalysis