$BMT U.S. stocks are closed for the weekend, and the meme coin has started moving sideways.
The funding rate is now at -1.17. As hype builds, plenty of retail traders are looking to short it again 😂 This short-term rally is because it’s being listed on a South Korean exchange today. The market makers are starting to hype it up and draw in retail traders, driving the price higher. Plenty of retail traders are still blindly trying to call the top and short it.
The hourly candle has shot straight up. Based on the latest liquidation data, $320,000 worth of short positions were liquidated in a single hour. The current market cap is $30 million. Its low market cap gives market makers a fast track to push the price up. You can wait for a pullback and place a long entry in the 0.41–0.39 range. First target: 0.50; second target: 0.6. Potential return is around 3x. A powerful intraday setup 👇👇
#BMT10APRWin #BMTAnalysis
The funding rate is now at -1.17. As hype builds, plenty of retail traders are looking to short it again 😂 This short-term rally is because it’s being listed on a South Korean exchange today. The market makers are starting to hype it up and draw in retail traders, driving the price higher. Plenty of retail traders are still blindly trying to call the top and short it.
The hourly candle has shot straight up. Based on the latest liquidation data, $320,000 worth of short positions were liquidated in a single hour. The current market cap is $30 million. Its low market cap gives market makers a fast track to push the price up. You can wait for a pullback and place a long entry in the 0.41–0.39 range. First target: 0.50; second target: 0.6. Potential return is around 3x. A powerful intraday setup 👇👇
#BMT10APRWin #BMTAnalysis