Based on the BMT/USDT 1-day chart from Binance:
$BMT / USDT – Short/Bearish Reversal Setup 🔻
* Market Context: $BMT pushed up to 0.02432 (+57% gain), hitting resistance near the 0.02789 24h high. RSI(6) is overbought at 77.06, indicating potential exhaustion after this aggressive vertical move.
Trade Parameters:
* Entry Zone: 0.02450 – 0.02600 (Look for rejection near upper wick / 24h high)
* Stop Loss (SL): 0.02850 (Above the 24h High of 0.02789)
* Target 1 (TP1): 0.01940 (EMA 7 retest)
* Target 2 (TP2): 0.01690 (EMA 25 support level)
* Target 3 (TP3): 0.01500 (EMA 99 baseline)
Risk Warning: High volatility asset. Manage leverage tightly and always use a stop loss.
#USStocksCloseHigherNvidiaGains2%
$BMT / USDT – Short/Bearish Reversal Setup 🔻
* Market Context: $BMT pushed up to 0.02432 (+57% gain), hitting resistance near the 0.02789 24h high. RSI(6) is overbought at 77.06, indicating potential exhaustion after this aggressive vertical move.
Trade Parameters:
* Entry Zone: 0.02450 – 0.02600 (Look for rejection near upper wick / 24h high)
* Stop Loss (SL): 0.02850 (Above the 24h High of 0.02789)
* Target 1 (TP1): 0.01940 (EMA 7 retest)
* Target 2 (TP2): 0.01690 (EMA 25 support level)
* Target 3 (TP3): 0.01500 (EMA 99 baseline)
Risk Warning: High volatility asset. Manage leverage tightly and always use a stop loss.
#USStocksCloseHigherNvidiaGains2%
