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BMNR

monthly
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BOTTOMING ATTEMPT
Support
$16.0
Resistance
$22.0
BMNR Bitmine Immersion Technologies, Inc. monthly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — bottoming attempt as of May 22, 2026
BMNR Monthly chart 2026-05-22 20:10:00 UTC
AI-generated analysis — not financial advice. For educational purposes only.

BMNR Monthly Technical Analysis Summary

As of May 22, 2026, BMNR (Bitmine Immersion Technologies, Inc.) is in a bottoming attempt state on the monthly chart, with a confidence level of 58%. Key support is at $16.0 and key resistance at $22.0. Monthly price at ~$18.87 after a sharp 2025 spike-and-fade; recent candles are compressing around the $18–$22 area with RSI ~46 (neutral).

Price Scenarios & Targets

bullish

Base-building continues: price chops between $16–$22, then attempts a reclaim of the $22–$25 supply zone (prior breakdown area / congestion). Prob ~60%.

Price Target
$30.8
Path to target
First move
$22.0
Pullback
$19.9
Final target
$30.8

bearish

Support fails and the post-spike downtrend resumes: breakdown under $16 triggers a sweep toward the prior swing-low zone before any sustainable rebound. Prob ~40%.

Price Target
$12.0
Path to target
First move
$16.0
Pullback
$18.9
Final target
$12.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Monthly close back above $22.00 and then a hold (2 closes) above $24.00

✗ Invalidation

Monthly close below $16.00

Position Entry & Exit Levels

⊕ Add

Start $16.5 – $18.5
Add $14.5 – $16.5
Heavy $12.0 – $14.5

Entries are staged around the main swing-low support ($16) and a deeper flush zone; upside improves materially only on a reclaim of $22+ (then $30.8 SMA100).

⊖ Derisk

Trim 1 $30.8 – $36.0
Trim 2 $45.0 – $60.0
Close $75.0 – $90.0

Trim into major mean-reversion levels (SMA100 then prior supply) and fully exit into the long-term overhead band near SMA200/major 2021–2022 distribution.

Frequently Asked Questions

What is the monthly technical outlook for BMNR today?

As of May 22, 2026, BMNR (Bitmine Immersion Technologies, Inc.) is in a bottoming attempt state on the monthly chart with 58% confidence. Monthly price at ~$18.87 after a sharp 2025 spike-and-fade; recent candles are compressing around the $18–$22 area with RSI ~46 (neutral).

What are the monthly support and resistance levels for BMNR?

On the monthly timeframe, BMNR has key support at $16.0 and key resistance at $22.0. The most likely scenario (bullish) targets $22.0 and $30.8, with a revert level at $19.9.

Is BMNR in an uptrend or downtrend?

BMNR (Bitmine Immersion Technologies, Inc.) is currently classified as bottoming attempt on the monthly chart, with 58% confidence. Confirmation requires: Monthly close back above $22.00 and then a hold (2 closes) above $24.00 This would be invalidated by: Monthly close below $16.00

What are the price targets for BMNR?

The most likely scenario (bullish) targets $22.0 and $30.8, with a revert level at $19.9. The alternative scenario (bearish) targets $16.0 and $12.0.

Other Timeframes for BMNR
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