🧠 $BMT /USDT – 4H Technical Analysis

Current Price: $0.1206

24H Change: +9.84%

Volume Rising – Momentum Rebuilding

📊 Moving Averages (MA):

MA(7): $0.1118 — Short-term average is now below price, suggesting near-term bullish momentum.

MA(25): $0.1038 — Also breached to the upside, confirming short-term trend reversal.

MA(99): $0.0957 — Long-term resistance turned potential support, forming a classic breakout setup.

🔍 Chart Structure Observations:

V-Shaped Recovery:

After a heavy downtrend from early May highs (~$0.22), BMT found support around the $0.075–$0.08 zone and bounced strongly.

Higher Lows Pattern:

The recent price action is carving out higher lows and higher highs, a textbook sign of a short-term uptrend.

Golden Cross Threatening:

MA(7) and MA(25) are steeply rising and may cross above the MA(99) soon — a bullish crossover if sustained.

Resistance Zone:

Price is testing the key $0.12–$0.125 area. A clean breakout here could open the doors for a move toward:

$0.135

$0.150

$0.17–$0.18 (Fibonacci target zone)

Support Zones:

First support: $0.11 (MA7)

Next support: $0.103 (MA25)

Strongest base: $0.095–$0.098 (MA99 + previous resistance flipped)

🔥 Momentum Insight:

Volume is increasing with each push up.

Price holding above all key MAs on the 4H chart = bullish confirmation.

If Bitcoin and broader altcoin sentiment remains neutral or bullish, BMT could retest prior highs.

⚠️ Key Takeaway:

BMT is showing signs of an early-stage breakout from accumulation. Confirmation will require a 4H or daily close above $0.125 with volume.

⚠️ DYOR – Do Your Own Research

This is not financial advice. Markets can be volatile — always trade responsibly!