BMNR Daily Analysis
BMNR is showing signs of a bullish breakout after weeks of consolidation. The falling wedge pattern has broken upward with strong volume confirmation.
Key support: $32 → $20 zone, with a strong accumulation base at $4–$8.
Short-term target: $52.80 (resistance).
Mid-term projection: $77.25 (Fib extension).
Long-term equilibrium: $91.50–95.00 zone.
If momentum holds, this breakout could continue higher. Watch volume for confirmation and protect downside risk if $32 fails.
Bias: Bullish continuation setup, but volatility remains high.
BMNR is showing signs of a bullish breakout after weeks of consolidation. The falling wedge pattern has broken upward with strong volume confirmation.
Key support: $32 → $20 zone, with a strong accumulation base at $4–$8.
Short-term target: $52.80 (resistance).
Mid-term projection: $77.25 (Fib extension).
Long-term equilibrium: $91.50–95.00 zone.
If momentum holds, this breakout could continue higher. Watch volume for confirmation and protect downside risk if $32 fails.
Bias: Bullish continuation setup, but volatility remains high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.