$BMT /USDT – Daily Chart Analysis
Coiling for a Breakout? Eyes on Key Resistance Zone
📈 Current Price: $0.1391 (+2.88%)
BMT is attempting a trend reversal after a long downtrend, now forming a higher low and challenging short-term resistance.
🔍 Technical Breakdown:
Price is above both the 7-day MA ($0.1350) and the 25-day MA ($0.1167) — a short-term bullish crossover has formed.
Market structure is shifting from lower lows to higher lows, showing buyers are slowly gaining confidence.
Momentum is building, and price is tightening near the $0.1400–0.1450 resistance zone — a breakout here could open the doors for a bigger move.
🎯 Bullish Targets:
Target 1: $0.1550 – local swing high
Target 2: $0.1850 – previous rally rejection
Target 3: $0.2200 – mid-recovery zone from initial crash
⚠️ Rejection here could cause a retest of support at $0.1200–0.1250 before any new breakout attempt.
🧠 Final Thoughts:
BMT is one to watch. If it holds above $0.1350 and breaks the $0.1450 level with volume, bulls might gain full control. Risk is still present — but structure is improving.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!