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The biggest fear on the chart isn’t the drop—it’s the illusion that you still have room to push higher first. $BSB This time is a typical case: grinding sideways at the high level. Many people think it’s building up strength, but what I’m seeing is that each rebound is weaker than the last; the volume hasn’t kept up, and the structure has clearly changed.
What I was watching at the time was BSB’s suppression reaction around 0.66066. As long as price can’t take the resistance above, the shorts still have room to play. The key is here: the price isn’t collapsing all at once. It first grinds down the longs chasing price with patience, then suddenly accelerates downward—very ruthless timing.
Right now, the current price is 0.12682. The short position is showing floating profit of +1590.72%, and the move is extending clearly. Taking profit is far more comfortable than hard chasing. Brothers with positions, remember to protect your profits; taking profit in batches with an 80/20 split also works—leave a bit to see whether it keeps pressing lower.
If you miss it, don’t chase. Don’t take new positions—wait for a more comfortable spot to act.
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