Sharp Bounce — Next Move Up or Down? $BSP
Chart Situation:
On the 4-hour chart, BSPUSDT showed a tremendous surge and then stalled near the upper levels. Buyer momentum remained strong, but the possibility of a pullback after such a rapid move cannot be ignored either.
Your Opinion?
Will buyers maintain this momentum and push the price higher, or will the market drop first to test support? Share your opinion and reasoning in the comments.
Long Setup
Entry: 53.26
Stop Loss: 50.00
Tp: 56.00
Tp: 58.45
$BSP
Chart Situation:
On the 4-hour chart, BSPUSDT showed a tremendous surge and then stalled near the upper levels. Buyer momentum remained strong, but the possibility of a pullback after such a rapid move cannot be ignored either.
Your Opinion?
Will buyers maintain this momentum and push the price higher, or will the market drop first to test support? Share your opinion and reasoning in the comments.
Long Setup
Entry: 53.26
Stop Loss: 50.00
Tp: 56.00
Tp: 58.45
$BSP