$BSB facing rejection near the highs โ possible breakdown setup forming ๐
๐ด SHORT $BSB
Trade Setup:
Entry Zone: 0.910 โ 0.947
SL: 0.966
TP1: 0.873
TP2: 0.823
TP3: 0.750
Price moved into a strong resistance area after a sharp rally, but momentum now looks weak and buyers seem to be slowing down. Market structure appears overextended with signs of exhaustion, while a possible lower high is developing โ showing sellers may be gaining control. If price stays below the entry zone, downside continuation toward lower support areas becomes more likely. A move back above 0.966 would invalidate the setup, so Iโll exit there.
โ ๏ธ Risk Warning: Crypto is highly volatile. Always use proper risk management and a stop loss.
๐ด SHORT $BSB
Trade Setup:
Entry Zone: 0.910 โ 0.947
SL: 0.966
TP1: 0.873
TP2: 0.823
TP3: 0.750
Price moved into a strong resistance area after a sharp rally, but momentum now looks weak and buyers seem to be slowing down. Market structure appears overextended with signs of exhaustion, while a possible lower high is developing โ showing sellers may be gaining control. If price stays below the entry zone, downside continuation toward lower support areas becomes more likely. A move back above 0.966 would invalidate the setup, so Iโll exit there.
โ ๏ธ Risk Warning: Crypto is highly volatile. Always use proper risk management and a stop loss.