BMT Coin — SHORT Setup 15M

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BMTBUSD
BMT is showing a recovery from the recent low around 0.0340, but price is now approaching the 0.0390–0.0400 area, where the current move could face selling pressure.
The chart shows a potential short setup, with the entry area around 0.038642–0.039222, a stop-loss at 0.041143, and a target at 0.024225.
Entry zone: 0.038642–0.039222
Stop-loss: 0.041143
Target: 0.024225
The idea is to watch whether price gets rejected around the entry zone. If price continues moving upward and breaks above the stop-loss level, the short setup would be invalidated. If selling pressure returns, the marked target becomes the downside objective.
Risk-to-reward: Approximately 1:5.8 using 0.038642 as the entry reference, with the stop-loss and target shown on your chart.
For BMT, I would wait for confirmation of rejection near the entry zone rather than chase the move, especially after the strong recent recovery.

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