BMT is gaining strong bullish momentum on the 15-minute chart! After a steady consolidation around 0.1216, the price has broken out with rising volume – confirming an upward move.
📉 Current Price: $611.62 📊 24H Range: High – $638.96 | Low – $609.25 🔄 Volume (24H): 217,897 BNB (~$136.59M)
Market Overview: BNB has dropped over 4.2% in the last 24 hours, breaking below the key $630 support. The selling pressure is growing stronger, and the next major level to watch is $609. If this level breaks, we could see a quick dip toward $600 or even $586.
Trend Outlook: BNB remains in a downtrend unless it can reclaim the $625 resistance. Holding below $619 keeps sellers in control. A fall below $600 may trigger a deeper pullback. Bulls need strong momentum to reverse the trend.
🔻 Altcoins Taking a Hit: Several altcoins are facing steep losses amid high market volatility:
USUAL: $0.5188 (▼15.66%)
FTT: $2.2999 (▼15.66%)
NFP: $0.2226 (▼15.46%)
VANA: $11.896 (▼15.18%)
BIO: $0.3695 (▼15.15%)
TFUEL: $0.06605 (▼15.05%)
THE: $0.9797 (▼14.96%)
🎯Sentiment: The market is experiencing strong bearish pressure. Volatility is high — trade carefully and manage your risk smartly.
📉 Buyer strength remains modest at 34.19%, hinting this could be the early stage of a bigger move. Volume watch is ON — more bids could fuel a stronger rally!
Following a steep decline, price shows a recovery wick forming near a critical support level. Bears seem to be losing steam while buyers step in around $0.1250.
A deeper liquidity test may come before any major shift. Stay sharp and track momentum – the setup offers clean risk-reward potential. #MyTradingStyle #MarufRisan