$BMT on the Radar – Bears Losing Grip?

BMT just printed a $1.56K short liquidation at $0.0441, hinting that sellers are getting caught upside as price begins to reclaim ground. This liquidation spark could mark the early phase of a momentum shift—perfect timing for strategic positioning.

Key Price Zones

Level Type Price

Local Support $0.0430

Strong Demand Zone $0.0412

Immediate Resistance $0.0456

Breakout Barrier $0.0478

Market Read

After weeks of sideways chop, BMT is finally showing directional intent. Short liquidation signals buy pressure building, and if price closes above $0.0456, we may see a clean move toward higher resistance.

Trade Setup

Entry (Buy Zone): $0.0428 – $0.0435

Take Profit Targets:

TP1: $0.0456

TP2: $0.0478

TP3: $0.0505 (extension push)

Stop-Loss: $0.0412

Risk Strategy: Use staggered entries to reduce volatility risk.

Next Move

Wait for confirmation with rising volume on lower timeframes. Strong reclaim of $0.0478 could flip structure bullish and trigger trend follow plays.

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