๐จ $BMT /FDUSD โ Infrastructure Token MELTDOWN! -11.6% ๐ป RSI at 15?! Oversold Madness or Just the Beginning?
$BMT just tanked to $0.0806, smashing its previous support. With RSI deep in oversold territory and trend momentum worsening, is this a high-risk bounce play or a straight freefall?
๐ Market Overview
๐ Current Price: $0.0806
๐ 24h High: $0.0980
โ๏ธ 24h Low: $0.0806
๐ 24h Volume: 132.6K BMT
๐ธ FDUSD Volume: $10.98K
๐ Parabolic SAR: Bearish trend still accelerating
๐ Technical Indicators
๐ธ MA(7): $0.0813
๐ธ MA(25): $0.0856
๐ธ MA(99): $0.0969
๐ธ RSI(6): 15.12 (EXTREMELY oversold!)
๐ธ Volume: High on dump = capitulation or exit?
๐ BMT Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (Oversold Bounce off $0.080)
โข Entry: $0.080โ$0.083
โข Targets: $0.089, $0.098
โข Stop-Loss: $0.076
๐น Bearish Scenario (Continuation Below $0.080)
โข Entry: $0.079โ$0.074
โข Targets: $0.070, $0.063
โข Stop-Loss: $0.084
๐ Zoomed Out View
โ ๏ธ MA cluster well above price = heavy resistance
โ ๏ธ RSI at 15 = bounce likely, but momentum is dead
๐ Losing MA(25) = momentum totally broken
๐ Pro Tip:
โข Oversold RSI โ guaranteed reversalโwait for confirmation
โข High-reward short if price retests MA(25) and fails
๐ฌ Bounce hunters vs. breakdown tradersโwho wins? Drop your bias below ๐
๐ฅ LIKE + RETWEET for more sniper setups! ๐ง ๐
