$BOB — Deep Pullback, High-Risk Reversal Zone
$BOB 1H timeframe after an extended downtrend is now stabilizing just above the demand zone. The area between 0.0000000162–0.0000000164 shows repeated wicks indicating the presence of buyers. Momentum is weak, but selling pressure has slowed down. This zone is suitable for a speculative bounce; a trend change will only be confirmed when a strong bullish candle forms a higher low.
Trade Setup (Speculative Bounce):
Entry Zone: 0.0000000162 – 0.0000000165
Target 1: 0.0000000173
Target 2: 0.0000000180
Target 3: 0.0000000192
Stop-Loss: 0.0000000158
It's a high-risk play — trade only with a small size.
$BOB