$BSB - Taking heavy resistance near the bearish channel at 0.70196. Breakdown below 0.625 could trigger a sharp downside dump 📉

Trade Plan: Short $BSB 📉

✅ Entry: 0.65 – 0.70

⛔ SL: 0.73087

🎯 TP: 1️⃣ 0.45574 | 2️⃣ 0.27592 | 3️⃣ 0.17329

⚠️ Strategy: Enter With Order size worth 2.5% of total Capital 🆘

🧑‍💻 Why this Setup?

Price is reacting from a major bearish channel resistance near the $0.70196 region where sellers continue defending the upper range aggressively. Buying momentum is fading while upside attempts keep getting rejected around resistance. The current setup suggests bearish continuation with downside liquidity resting below the key support near $0.625. As long as $0.73087 remains intact, bearish bias stays active. A clean breakdown below support can accelerate the move toward $0.45574 first, followed by deeper downside targets at $0.27592 and $0.17329 if bearish momentum expands further.

Click Here to Trade 👉 $BSB