🚨 $BSP already made easy money on the rise. Now I’m watching for where the pain begins. 👀
I’m opening a BIG SHORT on $BSP here.
TP: $36.80
SL: $42.10
The price surged from the middle of the $30 range to $41–$42, but now every attempt to move higher is being rejected, and the candles are starting to lose momentum.
That tells me the move is running out of steam.
A lot of traders entered late after seeing the pump, and if the $40 level really breaks to the downside, those same late buyers could quickly find themselves out of the market.
So I’m targeting the $36.80 zone—that’s where this aggressive move began.
The move up has already caught everyone’s attention. Now I want to see what happens when the market starts taking that confidence back. 👀
I’m opening a BIG SHORT on $BSP here.
TP: $36.80
SL: $42.10
The price surged from the middle of the $30 range to $41–$42, but now every attempt to move higher is being rejected, and the candles are starting to lose momentum.
That tells me the move is running out of steam.
A lot of traders entered late after seeing the pump, and if the $40 level really breaks to the downside, those same late buyers could quickly find themselves out of the market.
So I’m targeting the $36.80 zone—that’s where this aggressive move began.
The move up has already caught everyone’s attention. Now I want to see what happens when the market starts taking that confidence back. 👀