$BMT SHORT SETUP ... Bears Taking Control
Entry: 0.02807
TP1: 0.02700
TP2: 0.02550
Final Target: 0.02400
SL: 0.03110
$BMT rejected from 0.03248 and sellers are gaining control again.
As long as 0.0300 – 0.0310 acts as resistance, I see more downside towards 0.0255 and even 0.0240.
A strong recovery above 0.03110 invalidates this short setup.
Don't ignore stop loss.
