$BMT — SHORT
Entry: 0.02100 - 0.02130 - resistance zone
TP1: 0.02050 - 24h Low
TP2: 0.02000 - psychological level
TP3: 0.01950 - extension
SL: 0.02200 - above last swing high
Analysis:
-21.26% today. Hard dump from 0.02782 → 0.02050. Currently at 0.02074 sitting on 24h Low.
On the 15m: strong bearish structure. Lower highs: 0.02782 → 0.02450 → 0.02130. Volume spiked on the dump, now dead. Price making new lows but no bounce. If 0.02050 breaks, next stop 0.02000 → 0.01950. 252.92M USDT volume, mid cap but getting sold.
Risk: Invalidated on a 15m close above SL 0.02200.
If 0.02200 reclaims with volume, cancel SHORT and target long to 0.02300 → 0.02400.
Low cap perp. Expect fast wicks. Keep size small. Take 50% at TP1, move SL to BE. $BMT
NFA
Entry: 0.02100 - 0.02130 - resistance zone
TP1: 0.02050 - 24h Low
TP2: 0.02000 - psychological level
TP3: 0.01950 - extension
SL: 0.02200 - above last swing high
Analysis:
-21.26% today. Hard dump from 0.02782 → 0.02050. Currently at 0.02074 sitting on 24h Low.
On the 15m: strong bearish structure. Lower highs: 0.02782 → 0.02450 → 0.02130. Volume spiked on the dump, now dead. Price making new lows but no bounce. If 0.02050 breaks, next stop 0.02000 → 0.01950. 252.92M USDT volume, mid cap but getting sold.
Risk: Invalidated on a 15m close above SL 0.02200.
If 0.02200 reclaims with volume, cancel SHORT and target long to 0.02300 → 0.02400.
Low cap perp. Expect fast wicks. Keep size small. Take 50% at TP1, move SL to BE. $BMT
NFA