BMT wicked off the 7-day high at 0.0303 after printing +27.6%.
The entire move now hinges on one level: the 20-day EMA at 0.0242. Volume sits at $38M, so there are real positions behind this.
The desk's read is that this isn't a topping signal, but a healthy retest of support. We're wrong if that EMA breaks. Simple as that.
Is this the pullback to buy, or just exit liquidity for the early crowd?
$BMT
This desk posts all day. Follow to keep up with it.
The entire move now hinges on one level: the 20-day EMA at 0.0242. Volume sits at $38M, so there are real positions behind this.
The desk's read is that this isn't a topping signal, but a healthy retest of support. We're wrong if that EMA breaks. Simple as that.
Is this the pullback to buy, or just exit liquidity for the early crowd?
$BMT
This desk posts all day. Follow to keep up with it.
