$BMT
Up about +14.0% in a day, while the funding rate plunged to around −0.42%—short sellers are paying. Don’t chase the current price; wait for a pullback.
Price is around 0.0198, with 24-hour trading volume of about 41.95 million U; open interest is up 90%.
Direction: Don’t chase the rally for now; wait for a pullback before considering a long.
Aggressive: Try a small long on a pullback near 0.0188, with a stop-loss at 0.0178 (about −5.3%) and an initial target of 0.0210.
Conservative: Wait for the price to stabilize around 0.0180–0.0182 before entering, with a stop-loss at 0.0172 (about −4.4%) and a target of 0.0205.
Will 0.0185 be reached first, or will it hit 0.0215 first?
Note: This analysis is for reference only and does not constitute investment advice!
#BMT
#FundingRate
Up about +14.0% in a day, while the funding rate plunged to around −0.42%—short sellers are paying. Don’t chase the current price; wait for a pullback.
Price is around 0.0198, with 24-hour trading volume of about 41.95 million U; open interest is up 90%.
Direction: Don’t chase the rally for now; wait for a pullback before considering a long.
Aggressive: Try a small long on a pullback near 0.0188, with a stop-loss at 0.0178 (about −5.3%) and an initial target of 0.0210.
Conservative: Wait for the price to stabilize around 0.0180–0.0182 before entering, with a stop-loss at 0.0172 (about −4.4%) and a target of 0.0205.
Will 0.0185 be reached first, or will it hit 0.0215 first?
Note: This analysis is for reference only and does not constitute investment advice!
#BMT
#FundingRate