$BSB 1st expansion zone successfully completed 🤑



I hope everyone is in profit and has already secured at least 30-40% of their position. Protecting profits is just as important as finding good entries.

I strongly recommend moving your stop-loss to entry and letting the remaining position run risk-free toward the 2nd expansion zone. I still believe a move toward 0.75 is possible, but price must hold current levels and maintain healthy consolidation first.

📊 Current Structure
• Price has reached the MA200 zone on the 4H timeframe.
• Strong support sits around the Daily MA25.
• Minor support remains in the 0.43-0.44 region.

These levels should be monitored closely. Losing them could signal a trend shift.

🔤 Still valid for new entries, but manage risk carefully.
Safe accumulation zone: 0.46 - 0.43
🛑 Stop-loss: Just below the support zone.

Trade smart, secure profits, and let the market pay for the next move. 🚀

#MyGateTradeStory
BSB55.54%
post-image
CryptoSat
$BSB Another Leg Up Possible?🤔

Price climbed from 0.24 → 0.422 in just 3 days.

🔹 June 14: +8.9%
🔹 June 15: +33%
🔹 Rejected at 0.422 and currently consolidating in the 0.35-0.38 zone.

This consolidation is healthy after such a strong expansion move.

🟢 Bullish Structure Remains Intact - As long as price holds 0.32-0.33, another upside leg remains possible.

Key support confluence:
• MA99 on 15mins Chart
• MA25 on 1Hr Chart
• MA7 on 4hr chart

A retest into 0.34-0.35 remains possible and would be considered a safer entry zone if the structure continues holding.

⚠️ Main Resistance : Currently price is facing MA25 resistance on the Daily timeframe.

Price was rejected from this area yesterday and is now sitting just below the line.

This is the key level bulls need to break and hold.

If Daily MA25 Breakout Happens
• First expansion zone: 0.45 - 0.50

If momentum remains strong and volume continues building: 0.60 - 0.75

For now, the focus is simple: Hold 0.32-0.33 = bullish structure remains valid.

Break Daily MA25 resistance = opens the door for the next expansion phase.

#MyGateTradeStory
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned