$BMT T just delivered an explosive move, surging from $0.0790 to $0.1274 — a massive +61% rally! But after tapping that high, price action on the 4H chart is starting to show signs of fatigue. A sharp rejection near resistance suggests a potential lower high, which could signal a cooldown or even a bull trap forming.
Currently trading around $0.1226, $BMT is hovering just above key short-term support at $0.1190. If that level breaks, it may open the door for further downside. On the flip side, a breakout above $0.1274 could reignite bullish momentum.
🔻 Trade Setup (Bearish Bias)
Entry (Short): $0.1220 – $0.1235
Take Profit 1 (TP1): $0.1170
Take Profit 2 (TP2): $0.1105
Stop Loss (SL): $0.1265
Support: ~$0.1190
Resistance: ~$0.1274
⚠️ Momentum is slowing, and large wicks are flashing early warning signs. Best to wait for confirmation be
fore making a move.$BMT
