🔥 $BMT is cooling off after a massive 1H rally.
BMT/USDT is trading around $0.0243, up roughly 49%, after surging from the $0.01486 area and printing a 24h high near $0.02782.
The chart shows a sharp bullish expansion followed by rejection from $0.02782. Since then, price has pulled back and entered a short-term consolidation around $0.0243.
📌 Key levels
• Resistance: $0.02782
• Current zone: $0.0243
• Support: around $0.0235, with the broader structure supported by the recent move from the $0.019 area.
A clean break above $0.02782 could signal another attempt to extend the rally.
On the other hand, losing the $0.0235 area would weaken the immediate bullish structure and could open the door to a deeper retracement.
⚠️ The setup remains bullish on the visible 1H structure, but after such a strong move, confirmation matters more than chasing candles.
Will $BMT reclaim $0.02782, or is this rally due for a deeper pullback? 👀#AI models breach security tests #Zcash ETF launches
