📊 $BMT Technical Analysis & Setup

Extreme negative funding at -0.824% combined with a +26.8% move signals crowded short positioning acting as prime squeeze fuel while higher timeframe structures remain aligned bullish.

• Key Support / Demand: 0.02664, 0.02793 pullback zone, with deeper sweep potential at 0.02456
• Resistance / Supply Targets: 0.03051, 0.03438, and 0.03677 major liquidity
• Trigger / Confirmation: Lower-timeframe market structure shift and bullish engulfing/pin off support before entry; avoid chasing spikes on quiet relative volume
• Risk / Invalidation: 1h close below the 0.02042 swing low completely invalidates the squeeze thesis
• Market Execution: Monitor order flow depth and open interest expansion for continuation signals

DYOR — Educational setup, not financial advice.

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$MOVE