BSB surges high then weakens—confirmed! Above 0.66 becomes a “sentiment top,” and the intraday pullback window has opened.

Current Price: 0.66678

First, the conclusion: BSB in the short term has already entered a high-level consolidation phase with weakening momentum, indicating “momentum decay after a surge + gradual takeover by the bears.” Intraday, it is more likely to consolidate and decline rather than continue upward.

  1. 4-hour timeframe: High-level stagnation, structure turning weak

Failed to stabilize above 0.69 during the rally The highs are gradually shifting downward, forming resistance MACD at high levels is losing momentum Bollinger Band upper band flattening, price returning near the middle band

Core judgment: The 4-hour chart is entering a high-level consolidation with a bearish bias

  1. 1-hour timeframe: Bearish rhythm gradually forming

Shows a “surge → pullback → weak rebound” structure Multiple rebounds are resisted in the 0.67-0.675 range Moving averages are beginning to turn downward MACD has entered the bearish zone and is increasing in volume

Short-term rhythm: Weak rebound + stair-step decline

  1. Intraday trend projection

If it cannot regain stability above 0.675:

More likely to consolidate and decline intraday First test support around 0.660 If broken, may extend to the 0.653 area

  1. Direct trading strategy (as required)

Direction: Short (market order to open position)

Entry price: around 0.66678

Take profit:

First take profit: 0.66011 (about -1%) Second take profit: 0.65344 (about -2%)

Stop loss:

Stop loss level: 0.67678 (about +1.5%)

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