BMT still looks heavy to me 😷 $BMT is trading at $0.0178, down 12.43% on the day and -9.1% in the last 4h, so the selling is still there. Volume is only 0.6x its 20d average, which tells me this move isn’t being chased hard yet. Even with price still above the 20d and 50d MAs, the intraday structure is weak and the market is 59% off the 30d high. Funding at -0.005% means shorts are still paying, so I’d stay focused on lower supports if this breakdown keeps developing. #BMT $BMT #Crypto #Web3

Inspired by Professor Mike Official on Binance Square.