$BSP has made the breakout, but the 1H chart is now showing hesitation near the highs. I’m watching the rejection zone, not chasing the move. 👀
$BSP /USDT | SHORT 📉
Entry: $40.40 – $40.90
SL: $42.15
TP1: $39.20
TP2: $38.50
TP3: $37.60 🎯
Why this setup?
• $41.95 was rejected and price is now slipping below MA7.
• Momentum has cooled after the sharp vertical rally.
• Volume has declined heavily from the breakout spike.
• $38.50 to $39.20 is the first important downside zone, with MA25 around $38.52 adding support.
⚠️ Invalidation: A strong 1H reclaim above $41.95 cancels the short idea.
The key now is simple: does $40 hold as support, or does the post-breakout cooling turn into a deeper retracement? 👀
Chart-based setup. Manage risk carefully.
Click Trade Here 👇🏻
$OGN
#HadiaBTC #cryptotrading #TechnicalAnalysis #BinanceSquare
$BSP /USDT | SHORT 📉
Entry: $40.40 – $40.90
SL: $42.15
TP1: $39.20
TP2: $38.50
TP3: $37.60 🎯
Why this setup?
• $41.95 was rejected and price is now slipping below MA7.
• Momentum has cooled after the sharp vertical rally.
• Volume has declined heavily from the breakout spike.
• $38.50 to $39.20 is the first important downside zone, with MA25 around $38.52 adding support.
⚠️ Invalidation: A strong 1H reclaim above $41.95 cancels the short idea.
The key now is simple: does $40 hold as support, or does the post-breakout cooling turn into a deeper retracement? 👀
Chart-based setup. Manage risk carefully.
Click Trade Here 👇🏻
$OGN
#HadiaBTC #cryptotrading #TechnicalAnalysis #BinanceSquare