📉 BMT/USDT – 30m Technical Breakdown

The current chart structure on BMT/USDT is signaling a potential trend reversal following a double top pattern formation — a classic bearish reversal signal often seen at local tops.

🔹 Key Technical Observations:

* Double Top Confirmation:

The price action formed two clear peaks near the 0.14366 level, with a neckline support near 0.13355. A clean break below this neckline would confirm the pattern and accelerate bearish momentum.

* Bearish Projection Path:

Based on measured move theory and structure-based analysis, price is expected to retest the intermediate support at 0.12681, with the final bearish target projected around 0.12113.

* Risk Management Setup:

* Entry: \~0.14014

* Stop-loss: 0.14366 (above the double top high)

* Take-Profit: 0.12113

This results in a strong risk-reward ratio of \~5.77, favoring sellers.

* Momentum Oscillator (Stochastic RSI):

The Stochastic indicator is showing a bearish crossover from overbought territory, reinforcing the downside bias.

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💡 Conclusion:

*"The double top structure, paired with momentum divergence and key resistance rejection, suggests a high-probability short opportunity. Bears are eyeing a clean sweep of liquidity zones below. In volatile markets, smart risk and precision timing separate speculation from strategy."* 🔥📉