$BSB has suffered a 26% loss, still pushing at 0.4204, with a 24-hour trading volume of 140 million indicating someone is taking the hit.


Position: 0.48 cost short position 2x, floating profit +23%.
Plan: If the 0.415 support does not break, I plan to close half the position to take profit, and hold the other half to watch 0.38; if it breaks below 0.415, add to the short position to 3x, target 0.35, stop loss set at 0.435.
Two possible scenarios: one is a rebound to 0.45 for a false breakout before falling again, the other is a direct breakdown with accelerated decline.
I currently lean towards the latter, but there will be retail traders bottom-fishing around 0.415 to support the order.
Trading suggestion: Don’t rush to buy the dip, wait until 0.415 confirms a breakdown before chasing short on the right side, keep position below 2x.
Place an order to short at 0.435 with a stop loss at 0.45.
Results will be updated in the comment section.
BSB-33.80%
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