Oh wow, $BMT days, the rally is really intense for real, guys! Look at that tiny green candle—it's enough to make you faint; it’s up more than 57% in 24h. The fact that Upbit listed it on 21/8 is definitely a huge boost—volume surged to over 33 million USD 😳.
Checking the 1D chart: it broke resistance that had held for months. RSI at 65.7 still has room to run. Especially: Funding is slightly negative (-0.2232%) while OI has jumped 169%—the Short side is seriously trapped, so it’s easy to see a Short Squeeze pushing the price even higher. On the 1H timeframe, price at 0.02467 is still holding above MA7 and MA25—the upward momentum still looks solid.
I lean toward the Long side, but honestly I’m a bit cautious (2/5) because the price moved too fast. I’d watch for spot entries in the 0.0235 - 0.0245 zone. Targets: first 0.0278, then 0.032. But note: if it breaks down through 0.0219, I’m out—no more fun right away 😮💨. The biggest risk right now is buying at the top, since the easiest segment to profit from may already be over.
Are you guys holding strong or taking profit early? Drop your numbers in the zones so I can take a look 😏
#Write2Earn #Altcoin #TradingStrategy
(This post is for sharing only, not investment advice)
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Checking the 1D chart: it broke resistance that had held for months. RSI at 65.7 still has room to run. Especially: Funding is slightly negative (-0.2232%) while OI has jumped 169%—the Short side is seriously trapped, so it’s easy to see a Short Squeeze pushing the price even higher. On the 1H timeframe, price at 0.02467 is still holding above MA7 and MA25—the upward momentum still looks solid.
I lean toward the Long side, but honestly I’m a bit cautious (2/5) because the price moved too fast. I’d watch for spot entries in the 0.0235 - 0.0245 zone. Targets: first 0.0278, then 0.032. But note: if it breaks down through 0.0219, I’m out—no more fun right away 😮💨. The biggest risk right now is buying at the top, since the easiest segment to profit from may already be over.
Are you guys holding strong or taking profit early? Drop your numbers in the zones so I can take a look 😏
#Write2Earn #Altcoin #TradingStrategy
(This post is for sharing only, not investment advice)
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