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Hey guys, this afternoon my little sister was daydreaming when she suddenly received a private message asking about $BSB. She casually took a screenshot and glanced at itโ the last candlestick closed bearish, volume shrank to extremely low levels, and the short sellers' funding rate turned negative. Normally, at this point, the market should continue to drop, but it stubbornly held above the support level, with sell orders thinning out, which doesnโt look like a strong bearish move.
The key point is that the volume is almost cut in half, and even with short sellers throwing money at it, they can't push it down. This indicates that the selling pressure is actually lighter than expected. This kind of "should-fall-but-doesn't" pattern suggests either holding back or not being truly prepared to sell off.
My little sister plans to hold above the support level and go long at a low price, waiting for the next 1-hour candle with volume to close bullish before chasing. Guys, donโt let sideways movement shake your sense of directionโholding above without breaking is a signal ๐