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【$BSBUSDT Signal】Pullback confirmed, bulls strike again
$BSBUSDT After a strong pullback to the EMA20 on the 1H chart, a massive bullish candle on the 4H chart directly engulfs the previous high, with buy orders clearly accumulating around 0.2175. The MACD histogram expands for the second time above the zero line, open interest remains stable, and funds have not exited. Liquidity is usually weaker in the early morning, but the price staying high indicates a strong willingness to support.
🎯Direction: Long
⚡Entry/Order: Layered entries between 0.1853 and 0.1900
🛑Stop Loss: 0.1739
🚀Target 1: 0.2304
🚀Target 2: 0.2506
🛡️Trade Management:
- Execution Strategy: Reduce 50% of positions after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
Order book data shows that sell orders above 0.218 are relatively sparse, so breaking through will face less resistance. The 1-hour RSI is around 69, indicating healthy momentum without overheat. Combined with the volume breakout structure on the 4-hour chart, this pullback looks more like the main force clearing out floating positions to prepare for a second rally. The current risk-reward ratio is close to 2.5, making the odds favorable.
Check real-time market 👇 $BSBUSDT
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