$BMT is coiling tight against multi-month diagonal resistance. We are seeing a compression phase right below the breakout point.
Setup: Watching for a high-volume 4H close above 0.0240 to confirm the S/R flip. Momentum is already divergent.
Targets: First TP at 0.0267 (sweeping local highs), leave runners for the 0.030 region.
Invalidation: Any acceptance back below 0.0215 invalidates the reversal thesis.
Market structure is neutral, but the squeeze is real. Don't get chopped—wait for the trigger.
