๐จ $BSB โ 1.51 just rejected price twice. A clean break above means continuation; another rejection likely triggers a flush back to 1.00.
Last Friday, $BSB derivatives volume surged 190% intraday to $3.09 billion, flipping the token's market cap multiple times. Shorts paid the price โ $4.96 million in liquidations, while longs lost just $2.7 million. The token climbed 41% in hours. But now? Price is stuck.
Today's 24โhour range already hit $1.13 at the top and $0.593 at the bottom โ that's nearly 91% peakโtoโtrough movement. This isn't organic accumulation; it's pure speculation fueled by exchange listings, a nowโfinished Binance trading competition, and leftover momentum from Bitkub's May 18 listing. I've watched these narratives before โ waiting for a clean 4H close before I touch it.
Key Levels (4H) โ $BSB
Resistance: 1.51
Support: 1.00
LONG plan (only on confirmation)
4H โ close above 1.51 + retest hold
Entry: 1.51 โ 1.55
TP: 1.65 / 1.80 / 2.00
Invalidation: close back below 1.51
SHORT plan (only on confirmation)
4H โ close below 1.00 + retest fail
Entry: 1.00 โ 0.98
TP: 0.90 / 0.80 / 0.70
Invalidation: close back above 1.00
Rule: no trade in the middle. Wait for the break.
1.51 break = LONG / 1.00 break = SHORT โ comment L or S + your invalidation level.
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