【$BSB Signal】High fee rate + selling pressure accumulation, waiting for a pullback to go long

$BSB Funding rate skyrocketed to 0.1228%, long position costs surged. Depth imbalance -24%, sell orders are significantly thicker. 4H MACD histogram shrinks, upward momentum weakens. Price retreated from 0.768 to 0.741, 1H RSI 64, neutral leaning strong. There is support near the previous dense trading zone around 0.7377, consider placing orders.
🎯Direction: Long (place buy orders on pullback)
⚡Entry/Order: 0.7377
🛑Stop loss: 0.4047
🚀Target 1: 0.7862
🚀Target 2: 0.9134
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss to break-even. If the price drops below 0.7377 again, manually exit.
Order logic: High fee rates are often accompanied by intense shakeouts, but main capital shows signs of accumulation around 0.73. Although the risk-reward ratio at this level is low, the volatility is high, suitable for small positions to attempt a second rally.
Check real-time market 👇 $BSB
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