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$BSB Watch the long opportunity. Everyone is bearish right now, but I think this could be a bull trap. I’ve already entered.
The 4-hour structure is still supporting the longs. The daily chart remains in a range-bound consolidation, and there has been a clear reaction around 0.137 to 0.138. The 15-minute RSI has reached 66, momentum has picked up, and trading volume has surged by 4x—there are real buy-side funds moving.
For the entry, focus on the 0.137 to 0.138 range. The first upside target is around 0.1408, and higher up it could go to 0.1429 or even 0.1462. Put the defense level around 0.1332.
For this move, are you planning to short or waiting for confirmation? Manage risk in your execution—don’t chase too aggressively, and set your stop-loss.