$BMNR Weekend Analysis - October 2nd, 2025

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$BMNR Weekend Analysis - October 2nd, 2025BitMine Immersion Technologies, Inc.BATS:BMNRzaidriaz992BMNR had a solid week overall, though compared to Ethereum’s strong move, it felt somewhat underwhelming. On the bright side, BMNR managed to flip the 9/19 AVWAP resistance into support, which is a meaningful technical achievement. Despite Friday’s volatile session, the weekly close was strong. The key support zone now sits between $53.45 and $54.90 (AVWAP area), which also aligns with the volume shelf on the chart. Losing that range could trigger a retest of the psychological $50 level. From a momentum and indicator perspective, BMNR is building towards a potential bullish MACD crossover. If that crossover confirms, history suggests it could spark another explosive move - possibly in the +10–15% range in a single day, similar to previous setups. Here’s what happened the last two times MACD flipped bullish: Aug 8, 2025: +25% move on the day of the crossover, followed by a total rally of about +68%. Sep 12, 2025: +15.2% move on the crossover day, and a total run of roughly +33%. If we take a conservative approach and assume a 25% upside from the current close at $56.65, that projects a potential retest near $70 - provided momentum holds and Ethereum continues supporting broader sentiment. Upside targets: $60.44 - $61.24 → Prior support/resistance zone and volume shelf $70+ → Extension target if price holds above the $60s range NFA