Analysis and Recommendations for BMT/USDT on Binance 🔹
The BMT token 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 of previous resistance levels, supported by a high trading volume of 65.63 million BMT, indicating strong buying momentum.
📊 Technical Analysis:
The current trend is strongly bullish with consecutive green candles.
The price has broken the resistance at 0.1300 and has consistently surpassed it.
The short-term moving averages (MA5 and MA10) support the continuation of the upward trend.
📈 Recommendations: ✅ Buying now is possible for short-term speculation with a stop loss at 0.1300. 🚫 Selling is not recommended at this time as long as there are no signs of reversal or weakness in momentum. 🎯 Short-term target: 0.1450 - 0.1500 if the buying momentum continues.
🔔 Alerts are important to monitor any potential corrections after this jump.
