$BMT /USDT short trade signal đŽ
SHORT TRADE SIGNAL â BEARISH CONSOLIDATION AFTER REJECTION! đ»
$BMT is showing signs of weakness after an 11.56% pump to $0.1047, currently consolidating at $0.0994. The 1H chart reveals multiple rejections near the highs with lower highs forming â a bearish signal that suggests exhaustion and a potential pullback.
Trade Setup (SHORT):
Entry: $0.0995 â $0.1015
Target 1: $0.0952
Target 2: $0.0900
Stop Loss: $0.1040
Why Short?
BMT failed to sustain above $0.1047, and the price is now coiling in a tightening range below $0.1013. The lack of follow-through and fading volume indicate buyer fatigue. If support at $0.0968 breaks, a deeper correction is likely.
Risk Management Tip:
Donât hold if $0.1040 is breached. That would invalidate the short setup. Secure partials near $0.095 to reduce risk.
Sell smart â donât chase green candles when the trend is turning red!
Ride the momentum before it fades â profits favor the fearless!
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$BMT