$BOB Futures Short Signal
Entry Zone: 0.01655 – 0.01680
Take-Profit 1: 0.01610
Take-Profit 2: 0.01570
Take-Profit 3: 0.01525
Stop-Loss: 0.01705
Leverage (Suggested): 3–5x
Rationale:
#BOB continues to respect its downtrend, staying capped below the 25-MA and 99-MA, with each bounce being sold into. Sellers stepped in again near 0.0168, confirming strong overhead supply. As long as price trades below the moving-average cluster, downside continuation remains favored.
Risk-Management Note:
A move above 0.01705 would signal loss of bearish momentum and potential shift toward short-term recovery