CryptoShohel
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Bearish
#BounceBitPrime and $BB @BounceBit
Looking at the volume profile, today’s trading shows 60.80% buy orders vs 39.20% sell orders, yet price remains near its daily low. This suggests that buyers are not strong enough to lift the market above resistance. The order book shows heavy sell walls in the 0.1263–0.1266 zone, which will be difficult to break without significant momentum.
On the buy side, we see strong bids clustered between 0.1253–0.1255. This range is acting as the last line of defense before a possible drop to 0.1249. If sellers manage to overwhelm buyers in this area, the next support could be tested quickly.
For scalpers, these order book levels are important. A quick bounce from 0.1253 could give short-term profits, while rejection from 0.1266 could be a good short entry for day traders. Watch for sudden volume spikes that can shift the balance in either direction.
☞ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed decisions
Looking at the volume profile, today’s trading shows 60.80% buy orders vs 39.20% sell orders, yet price remains near its daily low. This suggests that buyers are not strong enough to lift the market above resistance. The order book shows heavy sell walls in the 0.1263–0.1266 zone, which will be difficult to break without significant momentum.
On the buy side, we see strong bids clustered between 0.1253–0.1255. This range is acting as the last line of defense before a possible drop to 0.1249. If sellers manage to overwhelm buyers in this area, the next support could be tested quickly.
For scalpers, these order book levels are important. A quick bounce from 0.1253 could give short-term profits, while rejection from 0.1266 could be a good short entry for day traders. Watch for sudden volume spikes that can shift the balance in either direction.
☞ Before trading, always do your own research and verify everything yourself. Never rely blindly—make informed decisions
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