The aggressive distribution phase on $BSB appears exhausted as bulls defend a vital structural lifeline.
$BSB — LONG
Trade Plan:
Entry: 0.312410 – 0.328360
SL: 0.285000
TP1: 0.355000
TP2: 0.388000
TP3: 0.409960
Why this setup?
Moving Average Reclaiming: After dipping toward local lows, price has reclaimed both the 1H MA(7) at 0.300760 and the MA(25) at 0.312410 to push back above structural support (chart).
Massive Liquidity Inflow: The powerful intra-day recovery is backed by an explosive 24h trading volume of 1.03B BSB, signaling aggressive buying interest at the lows.
Order Flow Shift: Real-time ask-side absorption has accelerated significantly with a 340.53M USDT massive daily turnover floor sustaining the momentum shift.
Debate:
Are you longing this immediate 1H trend reclamation at 0.328360 or waiting for lower entry bids?
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