$BSB Look for short opportunities. Right now everyone across the market is crowding in to bottom-pick, and when sentiment is that uniform, I actually want to do a contrarian trade.



At the moment, the 4-hour short structure is still intact, and the price is being suppressed within the daily range of 0.12673 to 0.12725. Looking at the 15-minute chart, the RSI is around 44; it’s still neutral and hasn’t reached oversold. There may still be room to the downside. Also, the 15-minute volume is higher than the average—selling pressure is real.

I’ve already entered personally. Targets can be viewed in batches at 0.12515, 0.12392, and 0.12207, with the defense level at 0.12945.

Are you entering at the current price or waiting for a better spot? Manage risk in your trades—don’t go in too heavy.
BSB2.89%
View Original
post-image
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