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$BSB I'm telling you, BSB this wave is a classic pump and dump, the hype is gone, and all that's left is a mess. A few days ago, when it was the top of the leaderboard, the trading volume exploded to 184 million, now the hype has dropped faster than anyone, clearly using the hype to pump and dump, now it’s down 43%, trapping a bunch of retail investors chasing the high. Looking at the chart, the 1-hour moving averages are all dead crosses, the Bollinger Bands are opening downward, MACD is still below zero, and the KDJ rebound is useless, all just trap longs.
Don’t think about bottom fishing, this coin is now just a downtrend continuation, with overhead resistance at 0.64 and 0.66 filled with trapped orders, it can’t break through. A rebound to 0.55 is the limit. Support below is at 0.387, breaking that directly targets 0.30, and if it breaks 0.295, there’s no bottom left. For conservative shorting, wait for a rebound to 0.52-0.55 to enter, stop loss at 0.67, take profit at 0.35; for aggressive trading, now short lightly around 0.48, stop loss at 0.58, take profit at 0.3. For going long, unless it stabilizes below 0.3, don’t touch it. Even if it stabilizes, only small positions for testing, take some profit on rebounds and run. Don’t expect to double your money, the big players have already run, so there’s no main force pushing the price. Currently, prioritize shorting; going long is just giving away money. Don’t be superstitious—I previously bottomed out halfway up the mountain, and the more I chased, the deeper I got trapped. $BTC $ETH #WCTC交易王PK