Massive liquidation alert for $BMT !
$6,197.70 Longs wiped out at $0.0927!
It seems that whales just pulled the rug from under leveraged traders — and now the real opportunity begins!
Technical Analysis:
After a prolonged liquidation at $0.0927, $BMT entered a zone of high volatility. Such liquid spikes often indicate a local bottom and a potential bounce zone.
Initial Entry: $0.0895 – $0.0925 (accumulation range after liquidation)
Aggressive Entry: $0.0860 (strong support from the previous deviation zone)
Targets:
Target 1: $0.0995 (gap fill recovery)
Target 2: $0.1050 (break of short-term resistance)
Target 3: $0.1120 (macro resistance and breakout trigger zone)
Stop-Loss:
Tight SL: $0.0855 (if the price closes below this, further decline is likely)
Conservative SL: $0.0833 (zone of structural invalidation)
Bloodbath begins — $6.1K longs wiped out at $0.0927 in a merciless liquidation sweep! But guess what? This could be the ignition point. Smart money often hunts for stop losses before launching a recovery. Are you ready for the bounce?
Watch this zone. Trade logically. Ride the volatility.