$BOB — Heavy Flush, Watching for Base Formation
$BOB saw a sharp downside extension, flushing liquidity into the 0.0000000167 zone before slowing down. The long lower wicks on recent candles show buyers stepping in, but structure is still fragile. On the 1H chart, this looks like early stabilization after a sell-off, not a confirmed reversal yet.
As long as price holds above 0.0000000166, a short-term relief bounce remains possible. However, strength will only be confirmed if BOB reclaims 0.0000000176+ with volume. Until then, this is a high-risk rebound zone, suitable only for controlled entries.
Patience and risk control are key here.
Trade Setup
Entry Zone: 0.0000000167 – 0.0000000170
Target 1: 0.0000000176
Target 2: 0.0000000184
Target 3: 0.0000000195
Stop-Loss: 0.0000000162