๐จ $BMT UPDATE โ THE SHORT SQUEEZE IS STARTING TO PLAY OUT! ๐๐ฅ๐
BMTUSDT PERP: $0.02203
๐ +16.87% and the squeeze pressure is building! ๐๐ฅ
๐ป Funding: -0.39% โ getting much deeper! Shorts are paying a heavier price ๐ธ๐ฎโ๐จ
๐ Long/Short Ratio: 0.74 โ the crowd is STILL heavily short ๐ป
๐ Price: +20.55% in 24H & +16.54% in 7D!
๐ Open Interest: +42.6% โ positions aren't closing; new shorts keep piling in! ๐ฃ
๐ Top Trader Positions: 1.63 โ big money appears positioned on the LONG side ๐ฐ๐ฅ
โก Taker Ratio: 1.10 โ buyers are staying aggressive!
๐ Futures are trading at 2.9x spot, while spot volume remains solid at $5.90M โ suggesting part of this move is backed by real buying pressure! ๐๐
๐ง HOW I READ IT:
The $0.041 level remains the key reference point ๐ฏ
The squeeze setup is becoming much clearer:
๐ป Crowd remains short
๐ธ Negative funding keeps deepening
๐ Price refuses to drop
๐ฅ Open interest keeps climbing
Shorts still haven't surrendered... which means the fuel for a potential squeeze may still be sitting there! ๐๐ฅ
๐ WHAT I'M WATCHING:
๐ฏ The approach toward $0.041
๐ Whether funding gets even more negative
๐ฅ Whether shorts finally start getting forced out!
$BMT could get very interesting if the squeeze accelerates! ๐๐๐
#BMT #BMTUSDT #Crypto #Binance #ShortSqueeze #Altcoins #Trading
BMTUSDT PERP: $0.02203
๐ +16.87% and the squeeze pressure is building! ๐๐ฅ
๐ป Funding: -0.39% โ getting much deeper! Shorts are paying a heavier price ๐ธ๐ฎโ๐จ
๐ Long/Short Ratio: 0.74 โ the crowd is STILL heavily short ๐ป
๐ Price: +20.55% in 24H & +16.54% in 7D!
๐ Open Interest: +42.6% โ positions aren't closing; new shorts keep piling in! ๐ฃ
๐ Top Trader Positions: 1.63 โ big money appears positioned on the LONG side ๐ฐ๐ฅ
โก Taker Ratio: 1.10 โ buyers are staying aggressive!
๐ Futures are trading at 2.9x spot, while spot volume remains solid at $5.90M โ suggesting part of this move is backed by real buying pressure! ๐๐
๐ง HOW I READ IT:
The $0.041 level remains the key reference point ๐ฏ
The squeeze setup is becoming much clearer:
๐ป Crowd remains short
๐ธ Negative funding keeps deepening
๐ Price refuses to drop
๐ฅ Open interest keeps climbing
Shorts still haven't surrendered... which means the fuel for a potential squeeze may still be sitting there! ๐๐ฅ
๐ WHAT I'M WATCHING:
๐ฏ The approach toward $0.041
๐ Whether funding gets even more negative
๐ฅ Whether shorts finally start getting forced out!
$BMT could get very interesting if the squeeze accelerates! ๐๐๐
#BMT #BMTUSDT #Crypto #Binance #ShortSqueeze #Altcoins #Trading
