$BMT is showing a potential short-on-retest setup after a sharp pump to $0.04940 followed by lower highs and a gradual sell-off. Buyers are attempting a relief bounce near $0.0330–$0.0350, but sellers retain the short-term structural advantage below $0.0386.
EP: $0.03700–$0.03850 TP1: $0.03450 TP2: $0.03250 TP3: $0.02950 SL: $0.04000
The $0.0370–$0.0386 area is the key resistance and potential rejection zone; a failed reclaim could send price toward nearby liquidity around $0.0345 and the recent low near $0.0325. TP3 assumes a deeper breakdown, not a guaranteed move. Invalidate the setup if price reclaims and holds above $0.0400, and wait for bearish confirmation before entering.
EP: $0.03700–$0.03850 TP1: $0.03450 TP2: $0.03250 TP3: $0.02950 SL: $0.04000
The $0.0370–$0.0386 area is the key resistance and potential rejection zone; a failed reclaim could send price toward nearby liquidity around $0.0345 and the recent low near $0.0325. TP3 assumes a deeper breakdown, not a guaranteed move. Invalidate the setup if price reclaims and holds above $0.0400, and wait for bearish confirmation before entering.