$BMT Short Rebound or Another Leg Down?
#BMT is up 40.32% but remains well below its $0.04940 high. I’m watching for rejection around $0.0320–$0.0340 before considering a short.
Entry: $0.0320–$0.0340 on rejection
Stop Loss: $0.0355
Targets: $0.0300 / $0.0270 / $0.0253
A strong reclaim above $0.0340 weakens the setup. Avoid chasing; wait for confirmation.
Risk management is essential. This is not financial advice; do your own research.
#BMT is up 40.32% but remains well below its $0.04940 high. I’m watching for rejection around $0.0320–$0.0340 before considering a short.
Entry: $0.0320–$0.0340 on rejection
Stop Loss: $0.0355
Targets: $0.0300 / $0.0270 / $0.0253
A strong reclaim above $0.0340 weakens the setup. Avoid chasing; wait for confirmation.
Risk management is essential. This is not financial advice; do your own research.