$BMT Magnet Reversal Snapping Back to Strength...
$BMT just printed a sharp V-reversal off its local low, reclaiming key candle territory on the 4H chart. This pattern signals buyer dominance returning swiftly after a steep decline classic setup for a trend continuation or breakout re-test.
๐ฏ Long Trade Setup:
โข Entry: After confirmed hold above recent mid-level resistance
โข TP1: 0.1455
โข TP2: 0.1540
โข Stop Loss: 0.1300
Market Insight:
Momentum is bouncing hard with a strong bullish candle and high bid-to-ask ratio. BMT looks poised to challenge previous highs โ especially if volume holds steady. Keep an eye on consolidation near 0.139โ0.141 for a potential launchpad.