Based on the 1-hour chart for BSBUSDT (Block Street) you provided, the price is currently at a critical "make-or-break" junction. Here is a technical breakdown and a suggested trade setup: Technical Observations Price Action: The price has recently pulled back from a high of $0.24569 and is currently testing the EMA(99) (the purple line) as support. Moving Averages: The short-term EMA(7) has crossed below the EMA(25), suggesting a bearish trend in the immediate term. However, the price is currently sitting right on the long-term EMA(99) at $0.22956, which is acting as a major floor. MACD: The MACD is in negative territory with red histograms increasing, showing downward momentum. However, the lines are starting to flatten, which could signal a potential reversal or "dead cat bounce" if support holds. RSI (6): At 40.57, the RSI is leaning toward the oversold side but hasn't reached the extreme (under 30). This suggests there is still some room for a slight dip before a bounce. Suggested Trade: Long (Scalp/Swing) Since the price is sitting on a major support level (EMA 99), a "Bounce Play" is the most logical setup. Entry Zone: $0.22850 – $0.23000 (Wait for a 15m candle to close above the purple line to confirm support). Take Profit 1 (Target): $0.23512 (Near the EMA 25 resistance). Take Profit 2 (Moon): $0.24100 (Previous local peak). Stop Loss: $0.22300 (Just below the recent low of $0.22410). Risk Warning Bearish Case: If the price closes a 1-hour candle below $0.22900, the EMA(99) has failed. In that case, the trend flips firmly bearish, and the next target would be $0.21858.