$BSB Signal】High fee trap, waiting for a pullback to add more


Funding rate soars to 0.1875%, long positions have extremely high costs.
1H MACD bullish narrowing, red bars shrinking, momentum weakening.
4H Bollinger upper band at 0.7128 acts as resistance, the last candle shows volume selling off,
buy-sell ratio at 0.43, selling pressure actively pushing down.
RSI 1H at 60.52, exiting overbought zone, but still in the middle range.
Order book depth imbalance at 13.83%, buy orders slightly thicker, but the latest trades are clearly dominated by bears.

🎯Direction: Wait and see (pullback to go long)

⚡Entry/Orders: 0.680 - 0.682

🛑Stop loss: 0.389

🚀Target 1: 0.738

🚀Target 2: 0.854

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry level.
If the price falls back below 0.680, exit automatically to protect capital.

Based on risk-reward ratio, the current long chase has a low success rate, but if the price retraces near 0.68 and volume absorption increases, the risk-reward ratio exceeds 1:3, making it worth a shot.
Open interest remains stable, no risk of a short squeeze; high fees often indicate a short-term top, but bulls are not dead, and a rebound may still continue.

Check real-time market 👇 $BSB
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