$BMT is showing signs of weakness after failing to hold above its recent highs. We just saw a clear rejection from the upper resistance zone, and the price is struggling to keep its upward momentum.
This looks like a textbook pullback entry. As long as the price stays below the resistance, the bears are in control, and we could see a move toward the downside targets.
🛑 Trade Details:
Entry Zone: 0.0236 – 0.0242
Target 1: 0.0230 🎯
Target 2: 0.0227 🎯
Target 3: 0.0225 🎯
Stop Loss: 0.0246 🛡️
Keep an eye on the volume—if it stays low on the bounces, the short case gets even stronger. Stay disciplined!
Hook First: It starts with a clear direction (Short) and the reason (Rejection at Resistance).
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