$BMT is bleeding heavily after rejecting from the 0.049 level. We are down over 11% and currently testing the 0.024 local support area. The sell-off is aggressive, but price is printing lower wicks, suggesting buyers are trying to defend this zone.
LONG SETUP
Entry: 0.0238 – 0.0245
Targets: 0.0260 / 0.0280 / 0.0300
SL: 0.0220
Will this support level hold for a relief bounce, or are we going straight down? Drop your thoughts below.
Also keeping a close watch on $SUI as a top gainer and $AVAX as a top loser.
Watch for confirmation and manage your risk.
LONG SETUP
Entry: 0.0238 – 0.0245
Targets: 0.0260 / 0.0280 / 0.0300
SL: 0.0220
Will this support level hold for a relief bounce, or are we going straight down? Drop your thoughts below.
Also keeping a close watch on $SUI as a top gainer and $AVAX as a top loser.
Watch for confirmation and manage your risk.
