🚨 Alert with $BMT /USDT! 🚨
Attention, traders! BMT is in an explosive move, with an increase of more than 8.5% and breaking the barrier of $0.12. We see a clear upward direction, which suggests a possible long if the strength is maintained. The initial target could be in the area of the previous highs near $0.1255. It could be a good short-term take profit! 🔥
But, watch out for pullbacks. If the buying volume is not maintained or we see massive profit-taking, we could retreat. The key support to watch would be at $0.117 and even $0.114. A drop below that could nullify the short-term bullish trend. The long/short chart shows a slight balance towards the shorts in the last few minutes, which could indicate that traders are waiting for a pullback to enter.
This movement looks like an entry opportunity for the more daring if the price confirms above $0.125, looking for a continuation move. If you are thinking of entering, manage your risk and have a clear stop loss!