๐ $BSP Technical Analysis & Setup
The 1h market structure is decisively bullish following an explosive pump, though price is currently extended with an overheated RSI near 94, signaling a high risk of near-term exhaustion.
โข Key Support / Demand: 36.98, 36.08, 35.52 (FVG), 34.62, and 34.03
โข Resistance / Supply Targets: 42.00 and 46.00
โข Trigger / Confirmation: Controlled pullback into the 36-34 region showing a liquidity sweep (SFP) and a lower-timeframe structure reclaim above 36.08
โข Risk / Invalidation: A close below 32.82 flips structure back to bearish and invalidates the thesis
โข Market Execution: OI up +111.9% to $981K with aggressive taker selling (0.82x), advising patience rather than chasing current levels
DYOR โ Educational setup, not financial advice.
#BinanceSquare #Crypto #BSP #Trading
$NEAR
The 1h market structure is decisively bullish following an explosive pump, though price is currently extended with an overheated RSI near 94, signaling a high risk of near-term exhaustion.
โข Key Support / Demand: 36.98, 36.08, 35.52 (FVG), 34.62, and 34.03
โข Resistance / Supply Targets: 42.00 and 46.00
โข Trigger / Confirmation: Controlled pullback into the 36-34 region showing a liquidity sweep (SFP) and a lower-timeframe structure reclaim above 36.08
โข Risk / Invalidation: A close below 32.82 flips structure back to bearish and invalidates the thesis
โข Market Execution: OI up +111.9% to $981K with aggressive taker selling (0.82x), advising patience rather than chasing current levels
DYOR โ Educational setup, not financial advice.
#BinanceSquare #Crypto #BSP #Trading
$NEAR