$BMT is trading below recent highs after failing to sustain the breakout showing weak bearish continuation on the lower time frame..........

Sellers have rejected every recovery attempt aggressively and price is now pulling back sharply after the rejection from the 0.0239 zone...........

As long as this correction remains intact the momentum favors continuation toward the lower liquidity zone near recent support......

Trade Setup

Entry Range: 0.0230 – 0.0235

Target 1: 0.0225

Target 2: 0.0220

Target 3: 0.0215

Stop Loss: 0.0240

BMT
BMT
0.0237
+1.71%