$BMT Is Up Over 40% — But Can the Rally Hold? 👀
I checked the BMT chart across multiple timeframes, and one thing stands out: this has been a sharp move.
At the time of my chart screenshots, $BMT was trading near $0.0398, up around 40% in 24 hours, with a reported 24-hour high of $0.05144. The Upbit KRW listing news has also put the token in focus.
But here’s what I’m watching 👇
📈 Bullish side: Momentum and trading volume have increased significantly.
⚠️ Risk side: The 1H and 4H RSI readings are elevated. After a fast rally, profit-taking can happen just as quickly.
👀 Key levels: $0.0514 is the recent high to watch. Around $0.037–$0.035 is a short-term area I’m watching for price behaviour, not a guaranteed support zone.
Personally, I’d want to see how price and volume behave after this initial surge before calling the next move.
What do you think? Can $BMT reclaim its recent high, or does it need a cooldown first? Tell me why in the comments.
Chart observations are based on my screenshots and may change quickly. This is market commentary, not financial advice. I may receive creator rewards through Binance Square’s Write to Earn program.
#BMT #CryptoAnalysis #BinanceSquare
I checked the BMT chart across multiple timeframes, and one thing stands out: this has been a sharp move.
At the time of my chart screenshots, $BMT was trading near $0.0398, up around 40% in 24 hours, with a reported 24-hour high of $0.05144. The Upbit KRW listing news has also put the token in focus.
But here’s what I’m watching 👇
📈 Bullish side: Momentum and trading volume have increased significantly.
⚠️ Risk side: The 1H and 4H RSI readings are elevated. After a fast rally, profit-taking can happen just as quickly.
👀 Key levels: $0.0514 is the recent high to watch. Around $0.037–$0.035 is a short-term area I’m watching for price behaviour, not a guaranteed support zone.
Personally, I’d want to see how price and volume behave after this initial surge before calling the next move.
What do you think? Can $BMT reclaim its recent high, or does it need a cooldown first? Tell me why in the comments.
Chart observations are based on my screenshots and may change quickly. This is market commentary, not financial advice. I may receive creator rewards through Binance Square’s Write to Earn program.
#BMT #CryptoAnalysis #BinanceSquare