$BSP ran +40% in a day, hit the same $58 wall as August, and now it’s coiling 👀
1D: second rejection at $55–$59 resistance, 40% above the daily EMA
15m: lower highs ($58.5 → $56.6 → $54.5), range $52.3–$54.6, volume dying
🔴 Primary: short the range breakdown
Trigger: 15m close below $52.3
Entry: $52.1–$52.3 on the retest
Stop: $54.6
Targets: $48.9 / $45.0 / $42.0
R:R ≈ 1.4 / 3.0 / 4.3
🟢 Alternative: breakout long (only with a hold)
Trigger: 15m close above $56.6, then a retest holds
Entry: $56.4–$56.7
Stop: $54.8
Targets: $58.5 / $60.0 / $62.0
R:R ≈ 1.2 / 2.1 / 3.2
✅ A daily close above $59.3 would break the two-month resistance
Price is inside the range now, so there’s no trade until it breaks. ⏳
#BSP #altcoins #cryptotrading #PERPS
1D: second rejection at $55–$59 resistance, 40% above the daily EMA
15m: lower highs ($58.5 → $56.6 → $54.5), range $52.3–$54.6, volume dying
🔴 Primary: short the range breakdown
Trigger: 15m close below $52.3
Entry: $52.1–$52.3 on the retest
Stop: $54.6
Targets: $48.9 / $45.0 / $42.0
R:R ≈ 1.4 / 3.0 / 4.3
🟢 Alternative: breakout long (only with a hold)
Trigger: 15m close above $56.6, then a retest holds
Entry: $56.4–$56.7
Stop: $54.8
Targets: $58.5 / $60.0 / $62.0
R:R ≈ 1.2 / 2.1 / 3.2
✅ A daily close above $59.3 would break the two-month resistance
Price is inside the range now, so there’s no trade until it breaks. ⏳
#BSP #altcoins #cryptotrading #PERPS