BMT experienced a massive spike followed by a strong rejection, signaling a potential liquidity grab. The price has since been forming lower highs and lower lows, confirming bearish pressure. Momentum suggests further downside if key levels break.
Will It Survive This Bearish Momentum?
✅ Bullish Case: If price holds above $0.2189, buyers might attempt to regain control. ❌ Bearish Case: A breakdown below $0.2180 could trigger a sharper drop towards $0.2000-$0.1822.
Trade Setup & Entry Strategies
🔻 Short Entry: ✅ Breakout Entry: Enter if price breaks $0.2180, confirming bearish continuation. ✅ Pullback Entry: If price retests $0.2220-$0.2240 and gets rejected, it's a valid short entry. 🎯 TP1: $0.2000 🎯 TP2: $0.1822 🛑 Stop Loss: Above $0.2312
Key Insights
📌 Liquidity Grab Detected – The huge wick suggests a liquidity sweep before reversal. 📌 Bearish Structure Developing – Lower highs indicate continued selling pressure. 📌 Retest Zone Identified – Any pullback into $0.2240-$0.2260 could present another shorting opportunity.
Market Outlook
If BMT fails to reclaim $0.2240, expect further downside to $0.2000-$0.1822. However, if bulls defend $0.2189, a short-term bounce may occur. Stay cautious & trade smart! 🚀
$BMT /USDT short trade signal 🛑 🚦 BEARISH PULLBACK LOADING! 🚨
🔎 Current Price: $0.2222 (+52.09%) BMT/USDT has shown a sharp rise but is now facing rejection near resistance levels. The price is struggling to hold above key support, indicating potential downside pressure.
📊 Market Outlook: Bearish momentum is building as the price fails to reclaim higher levels. A break below $0.2200 could lead to a deeper correction toward $0.2000. Watch for increased volume on the downside to confirm the move.
⚠️ Risk Management: Use proper position sizing and avoid over-leveraging. Protect your capital with stop losses and avoid emotional trading.
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