That long upper wick that shot up to 0.026 makes me feel more and more like the people chasing the pump are just carrying someone else’s bags.
BMT was still hovering around 0.021 for most of the day, then suddenly surged on a spike in volume this afternoon, touching a high of 0.026. It’s now pulled back to just above 0.023, up roughly 10% over 24 hours. Binance spot trading volume is around $6 million—several times higher than during the quieter days recently.
Looking at the chart, I’m watching just two levels: 0.026 above is the tip of today’s upper wick. If it can’t hold above that, don’t call it a trend. 0.021 below is around where it started climbing this morning. If that breaks, this run is over. BTC is still hovering around $77,000, and BNB around $695, so BMT’s move is driven by its own volume, not the broader market.
Just my personal take—manage your own positions. Did you chase the move when you saw the volume, or are you waiting for volume to taper off and for it to return to 0.021 before taking another look?
$BMT $BTC $BNB
BMT was still hovering around 0.021 for most of the day, then suddenly surged on a spike in volume this afternoon, touching a high of 0.026. It’s now pulled back to just above 0.023, up roughly 10% over 24 hours. Binance spot trading volume is around $6 million—several times higher than during the quieter days recently.
Looking at the chart, I’m watching just two levels: 0.026 above is the tip of today’s upper wick. If it can’t hold above that, don’t call it a trend. 0.021 below is around where it started climbing this morning. If that breaks, this run is over. BTC is still hovering around $77,000, and BNB around $695, so BMT’s move is driven by its own volume, not the broader market.
Just my personal take—manage your own positions. Did you chase the move when you saw the volume, or are you waiting for volume to taper off and for it to return to 0.021 before taking another look?
$BMT $BTC $BNB