$BSB | Liquidity Washout Rebound Play



【Market Snapshot】

• Price: 0.4893, rebounded from a low of 0.4030.

• Structure: A “Stop-hunt” occurred on the 15-minute chart, leaving a long lower shadow before quickly recovering, indicating strong buying interest below 0.45. Currently attempting to reclaim the 0.50 midpoint to stabilize the trend.

• Volume: Daily trading volume reached $622 million, indicating that selling pressure is effectively absorbed by strong buying.

• Signal: Daily RSI and price show bullish divergence, suggesting that the dip around 0.40 is a local washout, not a trend reversal.

【Trading Plan: Recovery Strategy】

• Direction: Long

• Logic: The “V-shaped reversal” play is valid, with the price returning above 0.50.

• Entry: 0.475 – 0.495

• Stop-loss: 0.420 (placed below the washout low)

• Targets: 0.550 → 0.585 → 0.620

【Key Confirmation Points】

1. Short-term: The price needs to stay above 0.48 in the upcoming hourly candles.

2. Mid-term: A volume breakout above 0.53 resistance is needed to confirm the selling pressure has dissipated.

3. Ongoing observation: During subsequent pullbacks, selling volume should continue to decline as a sign of sustainable upward momentum. $BTC $ETH
BTC1.47%
ETH0.89%
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