Trading Plan Long $BMT
$BMT is consolidating above 0.01503 support after a significant negative funding squeeze.
Entry: $0.01480-$0.01520
Stoploss: $0.01425
Targets: $0.01560 / $0.01650 / $0.01780
BMT just tapped 0.01503 support, holding after a -12% dump yesterday. The 1H Bollinger Bands are squeezing hard, suggesting a move is coming. Extremely negative funding at -0.1682%/8h shows shorts are over-leveraged and paying up, setting up a potential squeeze. Taker buy volume is aggressive, absorbing supply. Losing $0.01425 invalidates the setup.
Trade $BMT here 👇
$BMT is consolidating above 0.01503 support after a significant negative funding squeeze.
Entry: $0.01480-$0.01520
Stoploss: $0.01425
Targets: $0.01560 / $0.01650 / $0.01780
BMT just tapped 0.01503 support, holding after a -12% dump yesterday. The 1H Bollinger Bands are squeezing hard, suggesting a move is coming. Extremely negative funding at -0.1682%/8h shows shorts are over-leveraged and paying up, setting up a potential squeeze. Taker buy volume is aggressive, absorbing supply. Losing $0.01425 invalidates the setup.
Trade $BMT here 👇