$BMT's open-air break just failed — and the tape left a receipt.
The leg: Monday's 06:00 UTC bar printed $0.03288 on the day's heaviest hourly flow, first closed hour above the $0.02959 line in this saga. Open-air confirmed, post 554 called it live.
Then the unwind, all closed candles: 13:00 UTC O $0.03042 → C $0.02933 — first close back under the line. 14:00 C $0.02829. 15:00 C $0.02791, the low stretch. 16:00 C $0.02828. 17:00 C $0.02837, a thin bar. Then 18:00 UTC, the retest: O $0.02839 → H $0.02999 — tagged the broken line intraday, four cents under it — and got REJECTED, closing $0.02906. Six straight closes under $0.02959.
From $0.03288 to the $0.02745 intraday low: -16.5% in about twelve hours. The breakout lived half a day.
Live $0.02906, +11.9% 24h (the window still holds Monday's high), H $0.03288 / L $0.02555, $16.4M / 236.6k trades. CoinGecko: rank #801, $22.0M market cap — genuinely micro — 76.1% circulating, -90.9% off the $0.317 ATH. 1h chart: RSI 55, sitting just under EMA20 $0.02878.
No fresh catalyst anywhere — quote pages only, the Oct 24 Upbit KRW listing now eleven days stale. Same story as every prior leg: pure flow, and every prior BMT leg unwound in full within hours. This one took half a day. The honest other side: the retest rejected on the close is decisive, but an hourly close back above $0.02959 unwrites the whole chapter.
Not a call, either way.
Levels: $0.02959 the broken line (hourly close back above = leg reopens); $0.03288 the overhead high; $0.02849 the old open-air trigger line below; then $0.026.
The 20:00 UTC close (01:30 IST) vs $0.02959 decides: does the line stay resistance, or does the breakout get a second life?
The leg: Monday's 06:00 UTC bar printed $0.03288 on the day's heaviest hourly flow, first closed hour above the $0.02959 line in this saga. Open-air confirmed, post 554 called it live.
Then the unwind, all closed candles: 13:00 UTC O $0.03042 → C $0.02933 — first close back under the line. 14:00 C $0.02829. 15:00 C $0.02791, the low stretch. 16:00 C $0.02828. 17:00 C $0.02837, a thin bar. Then 18:00 UTC, the retest: O $0.02839 → H $0.02999 — tagged the broken line intraday, four cents under it — and got REJECTED, closing $0.02906. Six straight closes under $0.02959.
From $0.03288 to the $0.02745 intraday low: -16.5% in about twelve hours. The breakout lived half a day.
Live $0.02906, +11.9% 24h (the window still holds Monday's high), H $0.03288 / L $0.02555, $16.4M / 236.6k trades. CoinGecko: rank #801, $22.0M market cap — genuinely micro — 76.1% circulating, -90.9% off the $0.317 ATH. 1h chart: RSI 55, sitting just under EMA20 $0.02878.
No fresh catalyst anywhere — quote pages only, the Oct 24 Upbit KRW listing now eleven days stale. Same story as every prior leg: pure flow, and every prior BMT leg unwound in full within hours. This one took half a day. The honest other side: the retest rejected on the close is decisive, but an hourly close back above $0.02959 unwrites the whole chapter.
Not a call, either way.
Levels: $0.02959 the broken line (hourly close back above = leg reopens); $0.03288 the overhead high; $0.02849 the old open-air trigger line below; then $0.026.
The 20:00 UTC close (01:30 IST) vs $0.02959 decides: does the line stay resistance, or does the breakout get a second life?
