$BMT 31% CRASH — BOUNCE OR DEEPER DROP?
BMT just got hit with heavy profit-taking after an explosive move from $0.01200 to $0.04361.
Now trading around $0.02397, price is sitting right on a key demand zone.
Key Levels
Support: $0.02329 – $0.02400
Major Support: $0.01200 – $0.01500
Resistance: $0.03000 – $0.03500
Major Resistance: $0.04361
Bullish Setup
If BMT holds $0.02329 and buyers reclaim the nearby resistance, a relief bounce toward $0.03000–$0.03500 could develop.
Bearish Setup
If we get a clean 4H close below $0.02329, the correction could extend toward $0.01500 and potentially the $0.01200 base.
My Plan
I’m not chasing this dump.
I want to see stabilization and a clear lower-timeframe reversal before considering a long.
If support breaks, I’ll wait for a better setup instead of catching the falling knife.
Do you expect BMT to bounce from $0.02329 or drop toward $0.01500?
Follow Crypto Fearless for daily crypto analysis and trade setups.
BMT just got hit with heavy profit-taking after an explosive move from $0.01200 to $0.04361.
Now trading around $0.02397, price is sitting right on a key demand zone.
Key Levels
Support: $0.02329 – $0.02400
Major Support: $0.01200 – $0.01500
Resistance: $0.03000 – $0.03500
Major Resistance: $0.04361
Bullish Setup
If BMT holds $0.02329 and buyers reclaim the nearby resistance, a relief bounce toward $0.03000–$0.03500 could develop.
Bearish Setup
If we get a clean 4H close below $0.02329, the correction could extend toward $0.01500 and potentially the $0.01200 base.
My Plan
I’m not chasing this dump.
I want to see stabilization and a clear lower-timeframe reversal before considering a long.
If support breaks, I’ll wait for a better setup instead of catching the falling knife.
Do you expect BMT to bounce from $0.02329 or drop toward $0.01500?
Follow Crypto Fearless for daily crypto analysis and trade setups.