Guys, I'm opening a BIG LONG on $BMT here!
TP: $0.038
SL: $0.025
BMT Short sellers might be walking straight into a trap here. I know the chart may look tempting for another SHORT, but look at the positioning first.
A huge amount of short liquidity is sitting above the current price, and funding rates have already gone deeply negative.
In other words, too many traders are leaning toward the same side.
Now imagine market makers pushing $BMT upward into that liquidity. Once shorts start getting liquidated, forced buying could send price flying.
A 40–50% squeeze wouldn’t surprise me if that chain reaction kicks in.
I’m not saying it has to happen, but shorting into an overcrowded position like this is dangerous.
Everyone is waiting for the dump. What if $BMT squeezes them first?
TP: $0.038
SL: $0.025
BMT Short sellers might be walking straight into a trap here. I know the chart may look tempting for another SHORT, but look at the positioning first.
A huge amount of short liquidity is sitting above the current price, and funding rates have already gone deeply negative.
In other words, too many traders are leaning toward the same side.
Now imagine market makers pushing $BMT upward into that liquidity. Once shorts start getting liquidated, forced buying could send price flying.
A 40–50% squeeze wouldn’t surprise me if that chain reaction kicks in.
I’m not saying it has to happen, but shorting into an overcrowded position like this is dangerous.
Everyone is waiting for the dump. What if $BMT squeezes them first?
