$BMT to go bearish,๐๐
๐ป BMT/USDC โ Bearish Reversal Watch โ ๏ธ
๐ Short Entry: 0.0230โ0.0240
๐ Stop Loss: 0.0270
๐ฏ TP1: 0.0200
๐ฏ TP2: 0.0167
๐ฏ TP3: 0.0141
๐ RSI(6): 86.08 โ extremely overbought
โก Price has surged +54% with a major volume spike, making a pullback/reversal increasingly possible.
๐ป If BMT fails to hold 0.0230โ0.0240 and selling volume increases, the price could retrace toward 0.0200 โ 0.0167.
โ ๏ธ Bearish confirmation: rejection near 0.024โ0.027 + a strong red candle + increasing sell volume. Don't short solely because RSI is highโwait for confirmation.
#BMT #BMTUSDC #Bearish #Crypto #Binance #ShortSetup #Trading
๐ป BMT/USDC โ Bearish Reversal Watch โ ๏ธ
๐ Short Entry: 0.0230โ0.0240
๐ Stop Loss: 0.0270
๐ฏ TP1: 0.0200
๐ฏ TP2: 0.0167
๐ฏ TP3: 0.0141
๐ RSI(6): 86.08 โ extremely overbought
โก Price has surged +54% with a major volume spike, making a pullback/reversal increasingly possible.
๐ป If BMT fails to hold 0.0230โ0.0240 and selling volume increases, the price could retrace toward 0.0200 โ 0.0167.
โ ๏ธ Bearish confirmation: rejection near 0.024โ0.027 + a strong red candle + increasing sell volume. Don't short solely because RSI is highโwait for confirmation.
#BMT #BMTUSDC #Bearish #Crypto #Binance #ShortSetup #Trading
