Quick Technical Analysis (BMT/USDT):
Sharp Decline: The currency has experienced a strong drop of -28.84% in the last 24 hours.
Lowest Price: 0.0843 USDT.
Currently: Slight rebound with the price reaching 0.0923, attempting to hold above the short-term moving average (EMA 7).
Moving Averages:
EMA 7 = 0.0906
EMA 25 = 0.0955
EMA 99 = 0.1171
The price is still below all moving averages, indicating that the overall trend remains bearish.
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💡 Should I buy now?
✅ Short-term speculative opportunity only if:
You bought at 0.0918 or lower.
You set a quick profit target near 0.095 or 0.098.
You placed a stop loss below 0.088 or 0.086.
❌ Holding long-term is not recommended currently, as the indicators are still negative and no confirmed bullish breakout has occurred yet.