$BSV ๐จ BSV Skyrockets +45%! Is It Time to Jump or Run?
Snapshot:
Price: $44.59
24h High/Low: $46.42 / $30.50
Change: +45.20%
Volume: 2.05M BSV
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๐ Technical Analysis (1H Chart):
MA(7) & MA(25): Strong bullish crossover โ price is way above moving averages. ๐
MACD: Bullish, but starting to flatten โ early signs of exhaustion โ ๏ธ
Volume: Volume spike during pump, now slightly decreasing โ caution required!
RSI: Near 87 โ Extremely overbought! ๐จ
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โ ๏ธ Critical Observations:
Parabolic rallies usually don't last long without pullback.
High RSI + Falling Volume = Possible Correction Ahead.
BSV pumped from $30 to $46 too fast โ smart traders should expect retests or sharp pullbacks.
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๐ฎ Future Strategy:
If Planning Longs:
Entry: Only on pullbacks near $41โ$42 support.
Target: $46 (retest) and $48โ$50 (new highs).
SL: Below $40.
If Planning Shorts:
Entry: Around $46โ$47 (if price struggles to break).
Target: $42, $40
SL: $48.5
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โ Final Verdict:
Not a safe long at current price.
Either wait for a pullback to support or a confirmed breakout with strong volume above $46.5.
No entry in FOMO zone!
Patience will save money.
