$BMT is making a strong comeback, but momentum is getting overheated.
After falling to 0.02044, BMT has climbed to 0.03064, gaining 31.67% in 24 hours. On the 4H chart, price is now above EMA(7), EMA(25), and EMA(99), showing a clear shift in short-term momentum.
The 7D gain is 13.28%, while the 30D gain has reached 62.96%. Volume has also picked up alongside the recovery.
But RSI(6) at 90.62 is a warning sign. The rally is strong, but the current pace may be difficult to sustain without a cooldown.
The next thing to watch is whether BMT can hold above the reclaimed EMA levels and challenge the 0.03288 resistance.
Strong recovery. Now comes the test of staying power.
$BMT
After falling to 0.02044, BMT has climbed to 0.03064, gaining 31.67% in 24 hours. On the 4H chart, price is now above EMA(7), EMA(25), and EMA(99), showing a clear shift in short-term momentum.
The 7D gain is 13.28%, while the 30D gain has reached 62.96%. Volume has also picked up alongside the recovery.
But RSI(6) at 90.62 is a warning sign. The rally is strong, but the current pace may be difficult to sustain without a cooldown.
The next thing to watch is whether BMT can hold above the reclaimed EMA levels and challenge the 0.03288 resistance.
Strong recovery. Now comes the test of staying power.
$BMT
