🚨 $BSB Current Trend Bearish
Look for Short Opportunities on Retests. The confluence of short-term MA bearish alignment, MACD bearish crossover, KDJ oversold but bearish, high-volume distribution, and consistent short-term capital outflows points to continued downward pressure. However, the neutral RSI, proximity to the MA20/Bollinger mid-band support, and slightly positive longer-term (4H-6H) contract inflows suggest the decline may find temporary support or experience pullbacks.
Entry short $BSB : retest of resistance around 0.50-0.515 area
• Alternatively, break below MA20 0.48 with volume could offer a secondary entry
Stop Loss: at 0.52 (4% above) is suggested.
Target Price $BSB : 0.40-0.30 support zone
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