$BID ๐จ๐ฅ BIDUSDT Explosive Break, but Red Candle Lands!
Breakout in Progress! +25.89% ๐ฃ But Is It Sustainable? ๐ฅ๐จ
Price: $0.08908 | 24H High: $0.10466 | Volume: 3.82B BID ๐ฅ
---
โก BIDUSDT 1H Chart โ
From a quiet base at $0.068 to blasting above $0.10 โ this was a true momentum ignition! But now? A red candle and a dip below EMA(7). Eyes wide open. ๐
---
๐ Key Technicals:
๐ +25.89% Surge on the back of huge volume (nearly 800M in 1H)
๐ก EMA Alignment: Price smashed through EMA(99) โ major bullish shift
๐ด MACD Turning Flat: Watch closely โ losing steam?
๐งจ Volume Spike: Insane volume = strong interest, but profit-taking is starting
๐ RSI Cooling Down: Dropped to ~48 from peak โ post-pump reset
๐ง L/S Ratio: 0.53 = Shorts are loading again โ possible fuel for next squeeze?
---
๐
---
โ๏ธ FUTURES STRATEGY โ Tight Range, Fast Play
๐ LONG on Retrace & Bounce:
Entry: $0.083 โ $0.086
SL: $0.079
TP: $0.095 / $0.099
๐งจ SHORT on Weak Rejection:
Entry: $0.093 โ $0.095
TP: $0.086
SL: $0.099
โ ๏ธ Only if the bounce is weak & volume drops.
---
๐ฏ Final Verdict:
BIDUSDT just dropped a fireball candle, but the quick rejection above $0.10 shows resistance is real. โ ๏ธ This could just be a retest pullback โ or the start of a lower high trap.
๐ Next 1-2 candles will tell everything. Stay nimble. Volume's your best friend here.
๐ฏ Bulls: Wait for structure.
โ๏ธ Bears: Snipe rejections, but donโt overstay.
