BMT is printing +25.9% on $14M volume, but it's running straight into resistance.
The daily high of 0.0289 showed sellers are still active at the top of the range. While the move has momentum with RSI at 61 and price above the EMAs, this is a test of the same zone that rejected the rally last week. The broader market is still in Fear at 26.
Is this the breakout, or just exit liquidity for sellers at the top of the range?
$BMT
Follow for the next read — posted the moment the tape moves.
The daily high of 0.0289 showed sellers are still active at the top of the range. While the move has momentum with RSI at 61 and price above the EMAs, this is a test of the same zone that rejected the rally last week. The broader market is still in Fear at 26.
Is this the breakout, or just exit liquidity for sellers at the top of the range?
$BMT
Follow for the next read — posted the moment the tape moves.
