$BMT Long Liquidation – Major Shakeout!

$5.29K in Longs Liquidated at $0.16696! A wave of liquidations just hit BMT, shaking leveraged traders out of their positions. What’s next for BMT—recovery or more downside?

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What This Means

Long liquidations happen when traders using leverage are forced to sell as prices drop. This often leads to:

• Increased volatility as the market resets.

• Short-term selling pressure from forced liquidations.

• Potential for a strong rebound if buyers step in at key levels.

BMT is now at a crucial decision point—will it bounce back, or will sellers continue the pressure?

Key Price Levels to Watch

• Support Zone: $0.160 - $0.165 – If price holds here, we could see a bounce.

• Resistance Zone: $0.172 - $0.180 – Breaking above this could lead to a strong recovery.

• Breakout Target: If bulls push past resistance, BMT could rally toward $0.190 - $0.200.

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Trading Strategy

• Buy If: BMT finds strong support at $0.165 and starts trending higher.

• Sell If: Price struggles to reclaim $0.170, signaling more downside risk.

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⚡ Final Thoughts

$BMT just faced a heavy liquidation event—will buyers defend the price, or is more downside ahead? High volatility is coming—stay alert and trade wisely!

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