💭 $BMT /USDT — From Bubble to Bounce? Current Price: 0.12
CryptoPotato
Updated at: 6 hours ago
{"content":"💭 $BMT /USDT — From Bubble to Bounce?
Current Price: 0.1276
Change (Today): -1.85%
Timeframe: 1D (Daily)
📊 Structure & Trend Check:
MA7 (short-term momentum): 0.1136 ✅ price above → bullish pressure
MA25 (medium-term sentiment): 0.1070 ✅ cleared with a clean retest
No MA99 yet — coin still too young (debuted around March)
What we’re seeing is a classic accumulation-to-breakout attempt, marked by higher lows and testing prior swing highs. Not full-blown breakout mode yet — but knocking on that door.
🔍 Key Technical Observations:
Volume increasing on green candles → buyers waking up
Double breakout fakeout candles in early May & early June — liquidity grabs?
Price currently consolidating just under resistance zone (0.135–0.140)
This zone has rejected price multiple times, so breaking above it cleanly is key.
🎯 Targets (If Momentum Continues):
Target 1: $0.145 → short-term breakout level
Target 2: $0.172 → mid-May wick top
Target 3: $0.210 → psychological resistance & March structure retes
🛑 Downside Risk Levels:
Support 1: $0.118 → 7MA zone
Support 2: $0.106 → 25MA base
Support 3: $0.092 → consolidation demand before last rally
Failure to hold the MA cluster could trap late buyers — watch for volume divergence.
🧠 TL;DR:
BMT is building steam, but it’s still in the “prove it” phase. A daily close above 0.140 with volume? That’s your green light. Until then, it’s a bull tease.
"Not all breakouts are born equal — some just bait liquidity and leave you bag-holding.”
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/17/9e9269521ffb4c248fde98bfd22f9ea2.png"],"tags":[],"tradingPairs":["BMT/USDT"],"quotearticleid":0}