BSB today -4.4%. The group chat went quiet, and I actually started watching 0.1034.
People can talk, but the BSB long structure is still there, so I won’t easily hand over my chips.
BSB is stuck in the 0.1034~0.1070 range. Current price is 0.1044, RSI 37.3. With this kind of chop, I don’t bet on a one-way move. I’ll only go long if it breaks above 0.1070; if it breaks below 0.1034, I’ll exit directly. No movement in between.
New traders remember this: RSI overbought doesn’t automatically mean a drop is imminent, but chasing price carries a high probability of getting wicked into. The real way to make money is to wait for a planned entry, not to chase emotions.
I only take action at levels I can understand. If I can’t read it, I wait. How do you usually judge this kind of spot?
To put it bluntly, no one is pretending to be a god with this kind of move.
#BSB #币安广场 #range-bound consolidation