📊💥 Quick analysis of BMT coin now on Binance: $BMT
The BMT/USDT coin witnessed a sudden price explosion from $0.1248 to $0.1391 with a strong increase in trading volume (76.2M in 24 hours), clearly surpassing short-term moving averages.
📈 Indicators:
RSI at 91 ➤ Very strong overbought condition ⚠️
A long bullish candle indicates an influx of unexpected liquidity
The price broke through MA(99) for the first time in a while
📌 Technical outlook:
Nearby resistance: 0.1400
New support: 0.1300
A correction is likely after this sharp rise
🟢 Good opportunity for speculation but ⚠️ beware of a violent correction after the overbought condition