Bearish signal for pair $BMT /USDT 🔴
Potential reversal after a strong upward trend
Testing resistance at $0.1398 - Increased selling pressure
Bearish candles forming below the local peak
📊 Technical Overview:
After a strong recovery from $0.0842, pair $BMT /USDT tested the resistance level at $0.1398 but failed to hold above it. The latest four-hour candles show rejection at their highs, with a decline in upward momentum. If the price breaks the current support level, a further decline is likely.
📉 Trading Setup - Sell Signal:
• Entry Point: $0.1330 - $0.1340
• Stop Loss: $0.1405
• Take Profit 1: $0.1250
• Take Profit 2: $0.1180
• Margin: 2-3% of the portfolio
• Leverage: 10x