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$BSB 24 hours from 0.26 to 0.47, trading volume of 220 million, turnover rate crazy. Now at 0.4663, just one sneeze away from the previous high of 0.4748, is it a breakout or a double top? I bet on the latter.
The plan is simple: at the current price of 0.4663, lightly short, stop loss above 0.4780 (above the daily high), take profit at 0.4200. Position no more than 2%, this high-level consolidation after a sharp rise, risk-reward ratio 1:3, worth betting.
Don't forget, the lowest yesterday was only 0.2645, and today it has doubled, the risk of chasing longs is greater than shorting. If it directly breaks below 0.4500, add to short positions down to 0.4200. No rebound without a break.
I @低吸高抛教主, specialize in pullbacks after explosive rises, rebounds after sharp drops. Just these two moves, discipline to hold back, live to the next bull market.
No extra operations outside the plan.