Guys $BSV is looking weak and setting up for a potential short opportunity š
Entry: 23.00 - 23.15
šÆ TP1: 22.89
šÆ TP2: 22.30
Price is trapped in a clean bearish structure below moving averages while short-term volume is favoring sellers. Longs are heavily crowded at 66% which adds squeeze potential to the downside.
If support at 22.89 gives way, downside targets come into focus quickly.
Keeping an eye on seller pressure š
Entry: 23.00 - 23.15
šÆ TP1: 22.89
šÆ TP2: 22.30
Price is trapped in a clean bearish structure below moving averages while short-term volume is favoring sellers. Longs are heavily crowded at 66% which adds squeeze potential to the downside.
If support at 22.89 gives way, downside targets come into focus quickly.
Keeping an eye on seller pressure š