$BMT

What's going on? Is the dealer starting to push the price up?

Recently, many new coins have been launched, but aside from the fan effect of meme coins, very few can stand firm. After all, the curse of 'listing and delisting' has lasted a long time. I didn't expect that today, while scanning the market, I saw this BMT coin rising.

Currently, at the 4-hour level, the K-line is in a state of upward breakout, and the MACD volume bars are showing increased strength. This upward trend won't last too long, and we should expect some degree of correction later. The current resistance level is approximately around 0.14, and the first support level is around 0.118. If it breaks below this level during the correction, the next support level will be around 0.09.

However, I haven't seen any positive news regarding the rise of this coin; it is purely a technical bullish factor, which will attract a lot of funds to enter. But with new coins being launched, price fluctuations can be significant, and tomorrow is Monday, so the market may change. If you're trading contracts, remember to set proper stop losses.