$BOBUSDT On the 4-hour level, price has broken through the upper Bollinger Band, but the MACD histogram expansion momentum is beginning to contract. On the hourly chart, RSI touched 70 but failed to sustain further upward push. During normal market fluctuation period, buying depth has accumulated over 500k U in buy orders in the 0.00594-0.00595 range, forming a thick capital moat, while selling pressure above is relatively sparse. Chasing longs at this position is equivalent to throwing money away, the risk-reward ratio is severely inverted. Under negative funding rate environment, the price can still hold strong, which looks more like bulls using buy walls to maintain price and prepare for subsequent moves. Current price 0.005957 directly short, place stop loss above 0.00604. First target at 0.00586, reduce position by half there, trail the rest with break-even stop. Second target around 0.00575. View real-time charts 👇 $BOBUSDT --- Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡
【$BOBUSDT】Main Force Intentions Exposed
$BOBUSDT On the 4-hour level, price has broken through the upper Bollinger Band, but the MACD histogram expansion momentum is beginning to contract. On the hourly chart, RSI touched 70 but failed to sustain further upward push. During normal market fluctuation period, buying depth has accumulated over 500k U in buy orders in the 0.00594-0.00595 range, forming a thick capital moat, while selling pressure above is relatively sparse. Chasing longs at this position is equivalent to throwing money away, the risk-reward ratio is severely inverted. Under negative funding rate environment, the price can still hold strong, which looks more like bulls using buy walls to maintain price and prepare for subsequent moves.
Current price 0.005957 directly short, place stop loss above 0.00604. First target at 0.00586, reduce position by half there, trail the rest with break-even stop. Second target around 0.00575.
View real-time charts 👇 $BOBUSDT
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#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡