Analysis and Recommendations for BMT/USDT on Binance ๐น
The BMT coin has recorded a significant increase of +9.40% in the last 24 hours, reaching a price of $0.1373, which is its highest price during the same period. The chart shows a strong breakout above previous resistance levels, supported by high trading volume of 65.63 million BMT, indicating strong buying momentum.
๐ Technical Analysis:
The current trend is strongly bullish with consecutive green candles.
The price broke the resistance at 0.1300 and sustained above it.
The short-term moving averages (MA5 and MA10) support the continuation of the upward movement.
๐ Recommendations: โ Buying now is possible for short-term speculation with a stop loss at 0.1300. ๐ซ Selling is not recommended at the moment as long as there are no signs of reversal or weakness in momentum. ๐ฏ Short-term target: 0.1450 - 0.1500 if the buying momentum continues.