$BSB — Sellers remain firmly in control after the capitulation move, with current price action showing compression, not recovery.

Short $BSB

Entry: 0.642 – 0.685

SL: 0.722

TP: 0.595 – 0.548 – 0.500

$BSB collapsed from the 1.42 peak and failed every rebound attempt, leaving a clear lower-high/lower-low structure on the 1h. Price remains below the full 7/25/99 EMA stack, which confirms supply dominance and keeps rallies vulnerable. The recent range around 0.63 is weak stabilization after a flush, not an impulsive reclaim, so mean-reversion longs remain lower quality here. Momentum is still bearish until buyers prove otherwise with a real reclaim.

Unless 0.722 is reclaimed with acceptance, downside continuation remains favored.