$BMT
🎯🔥 Expected upcoming targets and recommendations are in the description below 🔥🎯🔥 BMT is experiencing a strong upward wave, but indicators suggest a potential correction. Seize opportunities wisely! 💰🔥🚨 Alert: The market is hot! Always use stop orders, and avoid risking more than 5% of your capital.
📈 Recent performance:
- The price has increased by +48.67% in 24 hours, reaching 0.1391 USDT, with a trading volume of 143.10M BMT.
- RSI(6) at 98.22 (significantly overbought), indicating a potential correction soon.
- Moving averages MA(7) above MA(25) and MA(99), reinforcing the short-term upward trend.
🎯 Near targets: Sell trades 🔴🔻
1. First target🎯: 0.1250 USDT (major psychological resistance).
2. Second target🎯: 0.1150 USDT (if the previous resistance is broken).
3. First support🎯: Buy trade 🟢0.100 USDT (critical level to watch).
⚠️ Warnings:
- MACD is positive (0.0044), but the divergence between DIF and DEA may indicate a slowdown.
- High volume may indicate distribution by large players (beware of a reversal).
💡 Recommendations:
- Quick speculation: Enter a sell trade at 0.1300 USDT with a stop loss at 0.13300 USDT.
- Long-term traders: Wait for a correction to 0.0950 USDT to enter larger positions.
- Exit strategy: Partial sell at 0.1500 USDT, and the remainder at 0.1650 USDT.