In this window, what I see isn’t a reversal signal, but $BZ giving the shorts an opportunity. Look: each rebound is weaker than the last, and volume hasn’t picked up. Price has tested that resistance zone above several times, but hasn’t been able to break through. In trading, we let the structure do the talking. Right now, the structure is bearish. The pullback after a spike is happening faster than the rise, which shows that selling pressure is real.
I’m not saying there won’t be a rebound, but it looks more like a chance to make room for short positions than a sign that the trend is about to reverse. From here, the path down looks smoother than chasing the price up.
🔴 Trade direction: Short
📍 Entry range: 975.0 – 99.00
🛑 Stop loss: 100.00
🎯 Take profit 1: 96.00
🎯 Take profit 2: 94.00
Still waters run deep; foresight sees far. Calm amid the market’s rise and fall.
Join Sister Fei and read the tides of wealth.
#BZ
Click below to trade 👇
I’m not saying there won’t be a rebound, but it looks more like a chance to make room for short positions than a sign that the trend is about to reverse. From here, the path down looks smoother than chasing the price up.
🔴 Trade direction: Short
📍 Entry range: 975.0 – 99.00
🛑 Stop loss: 100.00
🎯 Take profit 1: 96.00
🎯 Take profit 2: 94.00
Still waters run deep; foresight sees far. Calm amid the market’s rise and fall.
Join Sister Fei and read the tides of wealth.
#BZ
Click below to trade 👇