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【$BSB Signal】Pullback to go long, 1H level funds clearly intended to support
$BSB After a surge at the 1H level, a pullback now at the current price of 0.22892. The 4H Bollinger Bands are opening upward, the price has broken above the upper band, and the MACD histogram continues to expand, indicating bullish momentum is still being released. The 1H RSI has fallen from 75 to 69, and after a buying gap, selling pressure is quickly absorbed. Market depth shows thick orders around 0.2287, fully exposing the funds' support intention.
🎯Direction: Pullback to buy
⚡Entry: Enter directly around 0.22778
🛑Stop Loss: 0.19313
🚀Target 1: 0.22870
🚀Target 2: 0.22962
🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back to the entry point, automatically exit to protect capital.
The 1H EMA20 and EMA50 have golden cross and are diverging upward, with the price bouncing off EMA20 for support. Position volume remains stable, and the funding rate of 0.0391% provides positive incentives. The current risk-reward ratio isn't perfect, but deep market support and moving average support resonate, offering certainty for intraday rebound trading. Under this structure, it's better to take small losses to test and not miss potential secondary lifts.
View real-time market 👇 $BSB
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