$BMT Bulls are Struggling to Push Higher After Rejection
Short $BMT (DCA Entries)
EP1: 0.0295 – 70%
EP2: 0.0315 – 20%
EP3: 0.0335 – 10%
SL: 0.0400
TP1: 0.0275
TP2: 0.0265
TP3: 0.0255
TP4: 0.0235
Why:
$BMT is showing signs of weakening momentum after facing rejection near 0.03093. Price is hovering around MA7 (0.02892) and MA25 (0.02838), while MACD has turned bearish with a growing negative histogram. Buying volume is declining after the recent pump, suggesting buyers are losing momentum. OI remains elevated, so a further decline could trigger long liquidations. A breakdown below 0.0278 could open the way toward 0.0270 and 0.0260.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
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Trade $BMT here 👇
Trade smart. DYOR.
#Altcoin Season# #Macro Insights#
Short $BMT (DCA Entries)
EP1: 0.0295 – 70%
EP2: 0.0315 – 20%
EP3: 0.0335 – 10%
SL: 0.0400
TP1: 0.0275
TP2: 0.0265
TP3: 0.0255
TP4: 0.0235
Why:
$BMT is showing signs of weakening momentum after facing rejection near 0.03093. Price is hovering around MA7 (0.02892) and MA25 (0.02838), while MACD has turned bearish with a growing negative histogram. Buying volume is declining after the recent pump, suggesting buyers are losing momentum. OI remains elevated, so a further decline could trigger long liquidations. A breakdown below 0.0278 could open the way toward 0.0270 and 0.0260.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
🫂 Join my Binance Chat Group to Improve your trading skills and Let’s together win every trade.
Trade $BMT here 👇
Trade smart. DYOR.
#Altcoin Season# #Macro Insights#
