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