$BMT long idea: funding at -0.272%, shorts are crowded.
Watching the 0.0283 level. If it holds, buyers can push towards 0.0292. If it breaks 0.0270, expect a flush.
LONG 0.02831–0.02854
TP 0.02924 / 0.02979 / 0.03062
SL 0.02705
What backs it:
- Price at 0.0284 is above the 4H EMA50 at 0.0251, showing buyer strength.
- Daily trend is up, above EMA200 at 0.0184, supporting the move.
- Stop 4.8% away, TP3 7.7% away, gives a solid risk-to-reward ratio.
Not advice, size it yourself.
Watching the 0.0283 level. If it holds, buyers can push towards 0.0292. If it breaks 0.0270, expect a flush.
LONG 0.02831–0.02854
TP 0.02924 / 0.02979 / 0.03062
SL 0.02705
What backs it:
- Price at 0.0284 is above the 4H EMA50 at 0.0251, showing buyer strength.
- Daily trend is up, above EMA200 at 0.0184, supporting the move.
- Stop 4.8% away, TP3 7.7% away, gives a solid risk-to-reward ratio.
Not advice, size it yourself.
