$BMT Rebounds Strongly, But $0.016 Is the Key Test
$BMT is showing signs of recovery, trading around $0.01575 after bouncing strongly from the $0.01449 area.
Momentum is improving as price moves back above the MA(7) at $0.01521, but the $0.016–$0.0168 zone remains an important resistance area.
A clean breakout above $0.016 could open the door toward the $0.017–$0.018 zone. If price gets rejected, a pullback toward $0.0152–$0.0145 support could follow.
Key level: $0.016 resistance
Bias: Bullish above $0.0152 support
Watch for: Breakout confirmation + volume
#SP500TopsRecord7800 #SECCancelsCryptoRulemakingMeeting
$BMT is showing signs of recovery, trading around $0.01575 after bouncing strongly from the $0.01449 area.
Momentum is improving as price moves back above the MA(7) at $0.01521, but the $0.016–$0.0168 zone remains an important resistance area.
A clean breakout above $0.016 could open the door toward the $0.017–$0.018 zone. If price gets rejected, a pullback toward $0.0152–$0.0145 support could follow.
Key level: $0.016 resistance
Bias: Bullish above $0.0152 support
Watch for: Breakout confirmation + volume
#SP500TopsRecord7800 #SECCancelsCryptoRulemakingMeeting