$BMT just ripped 20% off a low it printed yesterday — and it's knocking on the line that buried it three days ago.
The low was $0.02243, printed yesterday evening after three days of bleeding. The tape woke up after midnight: 01:00 UTC closed $0.02339 on $538k, 04:00 closed $0.02596 on $1.03M, and the 07:00 hour closed $0.02629 on $1.87M — the biggest BMT bar of the day, about 30x the dead $30–90k hours that filled Nov 7. Live ~$0.02744, +20.2% in 24h, $8.69M Binance volume. CoinGecko: rank #805, $20.8M market cap, global volume $46.9M — more than twice the market cap changing hands in a day.
The line is $0.02733. Three days ago that was the level this coin lost on closed candles, twice, before sliding to yesterday's low. The forming 10:00 hour tagged $0.02756 — above the line intraday, but that's a wick until the 11:00 UTC close (16:30 IST). A close above it and the Nov 5 bear leg fails, with $0.02849 then $0.02959 above. A close back below it and the line rejects it again.
The honest part: RSI is 72, hot. The 05:00 hour already gave back once today, $0.02599 down to a $0.02441 close. Every BMT leg this week reversed within hours. No fresh headline behind this — tape, not news. Backdrop only: the Nov 7 influencer-scheme allegation, a legal-notice deadline Nov 16, and a 9.7M BMT team unlock Nov 18. BTC is flat at $75,905, so this is coin tape, not the board.
Does the 11:00 UTC close hold above $0.02733 — or does the line reject it a third time?
The low was $0.02243, printed yesterday evening after three days of bleeding. The tape woke up after midnight: 01:00 UTC closed $0.02339 on $538k, 04:00 closed $0.02596 on $1.03M, and the 07:00 hour closed $0.02629 on $1.87M — the biggest BMT bar of the day, about 30x the dead $30–90k hours that filled Nov 7. Live ~$0.02744, +20.2% in 24h, $8.69M Binance volume. CoinGecko: rank #805, $20.8M market cap, global volume $46.9M — more than twice the market cap changing hands in a day.
The line is $0.02733. Three days ago that was the level this coin lost on closed candles, twice, before sliding to yesterday's low. The forming 10:00 hour tagged $0.02756 — above the line intraday, but that's a wick until the 11:00 UTC close (16:30 IST). A close above it and the Nov 5 bear leg fails, with $0.02849 then $0.02959 above. A close back below it and the line rejects it again.
The honest part: RSI is 72, hot. The 05:00 hour already gave back once today, $0.02599 down to a $0.02441 close. Every BMT leg this week reversed within hours. No fresh headline behind this — tape, not news. Backdrop only: the Nov 7 influencer-scheme allegation, a legal-notice deadline Nov 16, and a 9.7M BMT team unlock Nov 18. BTC is flat at $75,905, so this is coin tape, not the board.
Does the 11:00 UTC close hold above $0.02733 — or does the line reject it a third time?