🔴 BMTUSDT — FUTURES SHORT
Entry Zone: $0.0303 - $0.0310
Stop Loss: $0.0317
TP1: $0.0288
TP2: $0.0273
TP3: $0.0260
R:R: 1:1.76 to TP1, 1:3.19 to TP2, 1:4.43 to TP3 (midpoint $0.03065)
TF: 1H (SCALP)
This is a conditional setup — BMT is trading around $0.0296 right now, below the entry zone, so the idea only triggers on a retest into $0.0303-$0.0310. Do not short it here at the middle of the range, and do not chase it lower.
Why I like this one: BMT spiked about 27% in 24 hours to $0.0316, but it was rejected twice at the same ceiling — $0.03150 and then $0.03159 — and since then the highs have been falling ($0.0309, then $0.0301) while the volume on each push up has dropped sharply. That double top, with weaker buying on every retest, gives a clean short zone, with the first target back at the $0.0288 support that has held twice, then $0.0273 and $0.0260 if sellers keep control.
Invalidation: a 1H close above $0.0316 breaks the double top and voids this idea — do not hold the short past that.
Analysis Only — Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#BMT #BMTUSDT #CryptoTrading #FuturesTrading
Entry Zone: $0.0303 - $0.0310
Stop Loss: $0.0317
TP1: $0.0288
TP2: $0.0273
TP3: $0.0260
R:R: 1:1.76 to TP1, 1:3.19 to TP2, 1:4.43 to TP3 (midpoint $0.03065)
TF: 1H (SCALP)
This is a conditional setup — BMT is trading around $0.0296 right now, below the entry zone, so the idea only triggers on a retest into $0.0303-$0.0310. Do not short it here at the middle of the range, and do not chase it lower.
Why I like this one: BMT spiked about 27% in 24 hours to $0.0316, but it was rejected twice at the same ceiling — $0.03150 and then $0.03159 — and since then the highs have been falling ($0.0309, then $0.0301) while the volume on each push up has dropped sharply. That double top, with weaker buying on every retest, gives a clean short zone, with the first target back at the $0.0288 support that has held twice, then $0.0273 and $0.0260 if sellers keep control.
Invalidation: a 1H close above $0.0316 breaks the double top and voids this idea — do not hold the short past that.
Analysis Only — Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#BMT #BMTUSDT #CryptoTrading #FuturesTrading
