Set execution: BSBUSDT only looking to short on pullbacks, won't enter unless within range.
Trade plan (Short)
Entry range: `0.40305 - 0.41947` (scale in)
Stop loss: `0.44529`
TP1: `0.37489`
TP2: `0.35846`
TP3: `0.33734`
This trade is bearish, not just because it's dropping now, but due to a clear risk-reward ratio and invalidation boundary.
Alpha Rank `#7`, Alpha24h `-12.56%`, contract 24h `-12.37%`, the overall trend remains weak; however, on the short term `1h +6.00%`, `4h +7.97%` there is a bounce, so the strategy cannot chase shorts, we can only wait for a pullback to get a better price. OI `4280.91万` and `-2.52%`, the rebound process shows no increase in positions, more like a liquidation repair; Funding `+0.0224%` is relatively high, long positions' cost is rising, if there’s insufficient support above, a drop could trigger a cascade. 24h trading volume is `1.34亿`, liquidity is sufficient for scaling in and taking profits, but this also means volatility will be fast, and spikes will be more frequent.
Risk level handled as `medium`: If it breaks above `0.44529`, the structure fails, exit immediately, no subjective holding of positions.
Click here to place an order for $BSB 👇
Trade plan (Short)
Entry range: `0.40305 - 0.41947` (scale in)
Stop loss: `0.44529`
TP1: `0.37489`
TP2: `0.35846`
TP3: `0.33734`
This trade is bearish, not just because it's dropping now, but due to a clear risk-reward ratio and invalidation boundary.
Alpha Rank `#7`, Alpha24h `-12.56%`, contract 24h `-12.37%`, the overall trend remains weak; however, on the short term `1h +6.00%`, `4h +7.97%` there is a bounce, so the strategy cannot chase shorts, we can only wait for a pullback to get a better price. OI `4280.91万` and `-2.52%`, the rebound process shows no increase in positions, more like a liquidation repair; Funding `+0.0224%` is relatively high, long positions' cost is rising, if there’s insufficient support above, a drop could trigger a cascade. 24h trading volume is `1.34亿`, liquidity is sufficient for scaling in and taking profits, but this also means volatility will be fast, and spikes will be more frequent.
Risk level handled as `medium`: If it breaks above `0.44529`, the structure fails, exit immediately, no subjective holding of positions.
Click here to place an order for $BSB 👇