$BMT /USDT 1H Trading Signal: Pullback Risk Rising After the Pump
$BMT has delivered a powerful +20.82% move, but the 1H chart now shows clear signs of momentum exhaustion and short-term weakness. Price is trading at 0.02240, below the 7MA, 25MA, and Bollinger mid-band, while MACD has turned bearish and RSI has dropped to 33.22.
The key battle zone is 0.02128–0.02200. This area sits near the lower Bollinger Band and the bullish Supertrend around 0.02002. A clean hold here could trigger a relief bounce, but losing 0.02128 would increase the probability of a deeper retracement.
Trading Signal: Bearish below 0.02350–0.02382
Short Entry Zone: 0.02320–0.02380 after a failed reclaim and bearish rejection
TP1: 0.02128
TP2: 0.02002
TP3: 0.01881
TP4: 0.01788
Stop-Loss: Above 0.02505, or beyond the confirmed 1H structure invalidation.
Bullish scenario: If BMT reclaims 0.02382 with strong volume and holds above it on a 1H close, the bearish setup weakens. A recovery toward 0.02505 and then 0.02636–0.02789 becomes possible.
Overall bias: Short-term bearish after the sharp pump, but avoid chasing shorts directly into 0.02128 support. Wait for a confirmed rejection or a clean breakdown-and-retest.
#BMT #CryptoTrading #TechnicalAnalysis #Altcoins #Binance
$BMT has delivered a powerful +20.82% move, but the 1H chart now shows clear signs of momentum exhaustion and short-term weakness. Price is trading at 0.02240, below the 7MA, 25MA, and Bollinger mid-band, while MACD has turned bearish and RSI has dropped to 33.22.
The key battle zone is 0.02128–0.02200. This area sits near the lower Bollinger Band and the bullish Supertrend around 0.02002. A clean hold here could trigger a relief bounce, but losing 0.02128 would increase the probability of a deeper retracement.
Trading Signal: Bearish below 0.02350–0.02382
Short Entry Zone: 0.02320–0.02380 after a failed reclaim and bearish rejection
TP1: 0.02128
TP2: 0.02002
TP3: 0.01881
TP4: 0.01788
Stop-Loss: Above 0.02505, or beyond the confirmed 1H structure invalidation.
Bullish scenario: If BMT reclaims 0.02382 with strong volume and holds above it on a 1H close, the bearish setup weakens. A recovery toward 0.02505 and then 0.02636–0.02789 becomes possible.
Overall bias: Short-term bearish after the sharp pump, but avoid chasing shorts directly into 0.02128 support. Wait for a confirmed rejection or a clean breakdown-and-retest.
#BMT #CryptoTrading #TechnicalAnalysis #Altcoins #Binance