【$BSB Signal】Pullbacks on the callback, negative fee rate supports the bulls

$BSB Funding rate -0.0012% remains negative, buy order depth ratio 14.45%. The 1H Bollinger upper band at 0.5684 encounters resistance and pulls back, with the price retreating from 0.58662 to 0.56158. The 4H MACD shows a golden cross with expanding bars, and the bullish structure remains intact.
🎯Direction: Watchful (waiting for buy orders)
⚡Entry/Order: 0.54228 (recommended lower boundary of the range, waiting for a pullback)
🛑Stop loss: 0.53794
🚀Target 1: 0.55096
🚀Target 2: 0.55530
🛡️Trade management:
- After the order is triggered, if the price falls below 0.53794, exit. Reduce position by 50% at Target 1, move stop loss to entry price. The remaining position targets Target 2. If the price rises without reaching the entry level, abandon the trade.
Depth logic: Current price is above the target, directly chasing longs with a poor risk-reward ratio. Negative fee rate indicates ongoing losses for shorts; once selling pressure is exhausted, bulls are likely to squeeze the shorts. Waiting for the order near 0.54228, which is close to the confluence of the 1H EMA50 and the 4H middle Bollinger band, worth observing for support.
Check real-time market 👇 $BSB
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