Trading Plan Short $BSB

$BSB is overextended, rejecting its upper Bollinger band after a massive pump.

Entry: $0.6200-$0.6400

Stoploss: $0.6650

Targets: $0.5750 / $0.5300 / $0.4850

BSB ripped 17% yesterday, now sitting way above its 1H upper BB. Sellers absorbed aggressivly on the pump. OI dropped 11.8% in 24h, longs got squeezed. Top traders are 1.68 long, crowded positioning for a flush. This is a clear fade setup. Reclaim $0.6650, short voided.

Trade $BSB here 👇

BSBBSC
BSBUSDT
0.58621
+8.45%