⚠️ guys $BSB just gave me the clearest short signal I have seen today and I am entering right now
this 4h chart is telling the exact same story I documented on RAVE GIGGLE BASED and HIGH — and I am not going to let it pass without posting the signal
look at what the structure is showing
1️⃣ the pump and rejection — $BSB went from 0.21138 all the way to 0.44196 then immediately rejected and is already back at 0.28461 — that is a -35% drop from the top in just a few candles — the rejection candle at 0.44196 is one of the cleanest distribution wicks I have seen this week
2️⃣ the EMA story confirms the short — EMA7 at 0.30366 is now above current price at 0.28461 — price just lost the EMA7 from above — when price breaks below EMA7 after a parabolic pump rejection that is the exact entry trigger I wait for — EMA25 at 0.27537 is the next level and if that breaks the drop accelerates
3️⃣ RSI at 45.25 and falling on the 4h — RSI peaked during the pump and is now below 50 heading toward oversold — below 50 RSI on the 4h after a parabolic top means the bears have taken control and every bounce will be sold
4️⃣ brand new coin with no history — no 30 day no 90 day no 180 day data — only 7 days of data showing +31% — this is a brand new futures listing pump and they always follow the same script — BASED did exactly this — #BSB is one week behind that chart
Entry: 0.28461
⚡ Leverage: 20x
🎯 TP1: 0.25058 — EMA25 breakdown zone
🎯 TP2: 0.23899 — EMA99 support level
🎯 TP3: 0.21138 — full retracement to base
🎯 TP4: 0.18000 — below base structure target
🛑 SL: 0.35203 — above the rejection structure
move SL to entry after TP1
are you seeing this exact same pattern on #BSB or do you think this one is different 🎯