#BMT
Technical Analysis (BMT/USD)
The pair is currently showing mixed signals, suggesting a period of consolidation.
Trend: The 50-day Moving Average is beginning to slope upward (bullish), but the 200-day Moving Average remains a major overhead resistance, indicating that the long-term trend hasn't fully reversed yet.
RSI (Relative Strength Index): Currently sitting in the neutral 45–55 zone, meaning the coin is neither overbought nor oversold.
Key Levels:
Support: Strong support is established around $0.020 – $0.021.
Resistance: Immediate resistance is at $0.027; a breakout above $0.032 would signal a potential return to previous highs.
Target 1: 0.017
Target 2 : 0.019
Target 3 : 0.021
SL : 0.014