๐จ Everyone wake up! $BMT just pumped 44% straight into a major supply zoneโthis short setup is looking loaded! ๐โก
Short Trade Position: $BMT
Entry Zone: 0.02110 โ 0.02134
๐ฏ TP1: 0.01913
๐ฏ TP2: 0.01788
๐ฏ TP3: 0.01649
Stop Loss (SL): 0.02264
๐ Why this short position?
Overextended Pump: BMT shot up over 44% in a massive 4-hour vertical green candle, stretching directly into structural resistance.
Fibonacci Confluence: The price is rejecting key upside Fibonacci retracement levels with severe downside target liquidity sitting below 0.01650.
Risk/Reward Setup: Stop Loss is placed tight above the recent high (0.02264), offering a high R:R ratio as price action seeks mean reversion.
Click here to Trade ๐๏ธ
Short Trade Position: $BMT
Entry Zone: 0.02110 โ 0.02134
๐ฏ TP1: 0.01913
๐ฏ TP2: 0.01788
๐ฏ TP3: 0.01649
Stop Loss (SL): 0.02264
๐ Why this short position?
Overextended Pump: BMT shot up over 44% in a massive 4-hour vertical green candle, stretching directly into structural resistance.
Fibonacci Confluence: The price is rejecting key upside Fibonacci retracement levels with severe downside target liquidity sitting below 0.01650.
Risk/Reward Setup: Stop Loss is placed tight above the recent high (0.02264), offering a high R:R ratio as price action seeks mean reversion.
Click here to Trade ๐๏ธ
