$BMT just went through a brutal reset.
From ~$0.013 → $0.0436, BMT delivered a massive breakout.
Then came the other side of the trade:
~50% drawdown from the high.
Now the interesting part begins.
On the 1H chart, $0.0208–$0.0220 is the key zone.
If this area holds and BMT reclaims:
→ $0.025
→ $0.027–0.028
→ $0.030
then the correction could be forming a base rather than ending the trend.
But if $0.0208 breaks with volume, I’d watch $0.018–$0.019 next.
The volume tells an interesting story too: after the explosive breakout, volume has been cooling down significantly.
So I’m not asking:
“Can BMT go $0.10?”
The better question is:
“Can BMT build a higher low?”
That answer comes first.
#BMT #Bubblemaps
From ~$0.013 → $0.0436, BMT delivered a massive breakout.
Then came the other side of the trade:
~50% drawdown from the high.
Now the interesting part begins.
On the 1H chart, $0.0208–$0.0220 is the key zone.
If this area holds and BMT reclaims:
→ $0.025
→ $0.027–0.028
→ $0.030
then the correction could be forming a base rather than ending the trend.
But if $0.0208 breaks with volume, I’d watch $0.018–$0.019 next.
The volume tells an interesting story too: after the explosive breakout, volume has been cooling down significantly.
So I’m not asking:
“Can BMT go $0.10?”
The better question is:
“Can BMT build a higher low?”
That answer comes first.
#BMT #Bubblemaps