$BZ remains in a strong bearish setup after heavy short liquidation around $101.52, indicating that price has reached an important liquidity zone where aggressive positioning is being forced out. The $101.50 area is the key resistance reference. A rejection followed by a breakdown below $99.80 could expose fresh downside liquidity, while only a strong reclaim above $104.50 would begin to weaken the bearish setup.
Trade Setup
Entry: $100.00–$101.60
Target 1: $98.20
Target 2: $95.80
Target 3: $92.50
Stop Loss: $104.50
How it's possible
The trade is based on rejection from the $101.50 liquidity zone rather than chasing the initial move. Sellers need to defend this area and force price back below $99.80.
A breakdown supported by expanding volume and increasing downside momentum would confirm the rejection. If price retests $100–$101.50 and fails to reclaim the zone, the probability of another liquidity sweep lower increases.
A sustained move above $104.50 would invalidate the bearish structure.
“If price closes above $104.50, the bearish setup fails and the trade should be exited to protect capital.”
Let’s go and Trade now $BZ
Trade Setup
Entry: $100.00–$101.60
Target 1: $98.20
Target 2: $95.80
Target 3: $92.50
Stop Loss: $104.50
How it's possible
The trade is based on rejection from the $101.50 liquidity zone rather than chasing the initial move. Sellers need to defend this area and force price back below $99.80.
A breakdown supported by expanding volume and increasing downside momentum would confirm the rejection. If price retests $100–$101.50 and fails to reclaim the zone, the probability of another liquidity sweep lower increases.
A sustained move above $104.50 would invalidate the bearish structure.
“If price closes above $104.50, the bearish setup fails and the trade should be exited to protect capital.”
Let’s go and Trade now $BZ