๐ Whatโs visible on the BSB chart
High: ~0.76โ0.80
Low: ~0.52
Current: ~0.60
๐ This is classic: strong dump โ bounce โ weakness on the retest
โ ๏ธ Key takeaway:
You are currently NOT in an uptrend, but in:
> during a corrective pullback in a downtrend
Why:
Lower high (failed to break 0.72+ at 0.68)
RSI is dropping (~40 โ weakness)
MACD is already losing momentum
Volumes on the rise are weaker than on the fall
Plus fundamentally:
high concentration of tokens with whales โ risk of dumps
high volatility after listings โ typical for a dump
๐ฏ SETUPS
๐ฅ SETUP 1 โ SHORT (main, priority)
Logic: you are in a retest after the drop
Entry:
zone: 0.62 โ 0.66 or market order
better: on a weak candle / upward retracement
Stop:
above 0.69
Take profits:
TP1: 0.58
TP2: 0.55
TP3: 0.52 (liquidity bottom)
๐ This is the cleanest setup right now
๐ฉ SETUP 2 โ LONG (only on confirmation)
DON'T jump in just like that
Entry only if:
price consolidates above 0.66โ0.68
and holds the level
Then:
entry: retest 0.66
stop: 0.62
Take profits:
0.72
0.76
๐ This is the 'break of downtrend' scenario
๐ฅ SETUP 3 โ BREAKDOWN (aggressive)
If: we break 0.58 and no buyback
Entry:
0.57โ0.58
Take profits:
0.54
0.52
๐ This will accelerate the drop (liquidations)