🚨 $BMTUSDT | Parabolic Rejection & Heavy Distribution ⚡
$BMT experienced a sharp rejection on the 4H chart after a brief spike toward the 0.01684 high, breaking down heavily and consolidating weakly around the 0.01547 (-4.21%) level where sellers maintain control. 📉
The massive upper wick accompanied by aggressive sell wicks down to 0.01250 highlights intense distribution and overhead supply pressure. Price action is forming lower highs and compressing beneath the local resistance block near 0.01600. As long as overhead resistance holds, further downside continuation toward lower support levels remains favored. 🔻
🔴 Bearish below: 0.01600
📍 Entry Zone: 0.01540 – 0.01585
🎯 TP1: 0.01480
🎯 TP2: 0.01380
🎯 TP3: 0.01250
🛑 SL: 0.01640
🔥 Key idea: Spike-and-drop distribution structure with lower-high compression holding firm. Watch for weak lower-timeframe bounces into resistance for short setups!
👇 Click below to open the trade 🚀 Short
$TUT
$UAI
$BMT experienced a sharp rejection on the 4H chart after a brief spike toward the 0.01684 high, breaking down heavily and consolidating weakly around the 0.01547 (-4.21%) level where sellers maintain control. 📉
The massive upper wick accompanied by aggressive sell wicks down to 0.01250 highlights intense distribution and overhead supply pressure. Price action is forming lower highs and compressing beneath the local resistance block near 0.01600. As long as overhead resistance holds, further downside continuation toward lower support levels remains favored. 🔻
🔴 Bearish below: 0.01600
📍 Entry Zone: 0.01540 – 0.01585
🎯 TP1: 0.01480
🎯 TP2: 0.01380
🎯 TP3: 0.01250
🛑 SL: 0.01640
🔥 Key idea: Spike-and-drop distribution structure with lower-high compression holding firm. Watch for weak lower-timeframe bounces into resistance for short setups!
👇 Click below to open the trade 🚀 Short
$TUT
$UAI
