$BMT is seeing a localized squeeze against short positions near $0.02734, creating an interesting liquidity battle around the current price zone.
EP
0.02720 – 0.02740
TP
TP1 0.02685
TP2 0.02645
TP3 0.02600
SL
0.02785
The short liquidation activity suggests that upward price movement has forced some bearish traders to exit. However, a liquidation event alone does not establish a bullish trend reversal. I'm watching for a failed attempt to hold above the nearby supply area, which could bring sellers back into control. If resistance holds and downside momentum returns, the lower liquidity pockets become potential targets.
Let's go $BMT
#USMidtermElections #Nasdaq100EntersCorrection #FrenchAssemblyRejectsTwoCryptoExitTaxProposals #AppleReportsMixedResults #BinanceReopensWithdrawalsForMoreAssets
EP
0.02720 – 0.02740
TP
TP1 0.02685
TP2 0.02645
TP3 0.02600
SL
0.02785
The short liquidation activity suggests that upward price movement has forced some bearish traders to exit. However, a liquidation event alone does not establish a bullish trend reversal. I'm watching for a failed attempt to hold above the nearby supply area, which could bring sellers back into control. If resistance holds and downside momentum returns, the lower liquidity pockets become potential targets.
Let's go $BMT
#USMidtermElections #Nasdaq100EntersCorrection #FrenchAssemblyRejectsTwoCryptoExitTaxProposals #AppleReportsMixedResults #BinanceReopensWithdrawalsForMoreAssets