$BMT just broke the line post-190 left as the next step down — $0.03041 closed under $0.03168, and the unwind has a second leg.
This is the first post on that leg, not a re-fire of post-190. Post-190 caught the shelf-gone flush ($0.03224 under $0.03280, live $0.0312). After it, the coin spent a full day sitting on $0.03168 instead of reclaiming anything — closes $0.03213, $0.03349, $0.03402, $0.03245, $0.03190, then $0.03168 exactly on the line, $0.03175, $0.03183. Never a close back above $0.03790.
Then 10:00 UTC broke it: low $0.02982, close $0.03041 on $590k — the first closed hour under $0.03168. The 11:00 hour confirmed it, closing $0.03028 on $370k. The forming 12:00 hour trades around $0.0296, low $0.02936 — still unclosed, so that is a test of the $0.03015 shelf, not a break claimed.
Live: $BMT $0.02958, down 16.7% in 24 hours, about 43% off the $0.05144 leg-5 high. Binance volume $26.8M. CoinGecko: rank #774, $22.4M market cap, global volume $120.7M — over 5x the market cap in a day. 754.7M of 1B circulating, about 91% below the $0.317 all-time high. The 1-hour chart sits under both EMAs (EMA20 $0.03319, EMA50 $0.03231), RSI 40 — falling and cooling, not washed out.
No fresh catalyst today. The backdrop is still the Oct 24 Upbit listing — its listing-day spike is now being handed back, the classic sell-the-news shape. Every prior BMT leg unwound in full within hours.
Levels: resistance $0.03168 first — a close back above it means this deeper leg fails — then $0.03280, then $0.03790. Support $0.03015, the shelf the forming hour is testing, then $0.02982, then $0.02340, the base — about 21% under live, where the full round-trip ends.
Not a call, in either direction. These verticals wreck accounts both ways when the exit gets crowded, and a bounce here would be just as violent as the flush.
Close back above $0.03168, or does the 12:00 hour close under $0.03015 and open the road to $0.02340?