$BMT - SHORT
Entry Zone: 0.03590 – 0.03780
Stop Loss: 0.03900
Take Profit Targets:
TP1: 0.03450
TP2: 0.03550
TP3: 0.02850
Why This Setup?
After a +155% vertical move in less than 24 hours, price is heavily extended from all moving averages. Lower timeframe oscillators are in extreme overbought territory and volume has shown climactic characteristics. This is a classic area for a sharp mean-reversion pullback. The short is only valid on clear rejection from the 0.03600–0.03780 zone. If price breaks and holds above 0.03890, the short thesis is invalidated and the trend remains strongly bullish.
Important: This is a counter-trend trade. Use tight risk management and be ready to exit quickly if momentum continues.
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