$1000000BOB
1000000BOBUSDT
Perp
0.01013
-3.79%
/USDT Bearish Rejection After Spike
BOB (Perp) saw a strong upward spike but faced clear rejection near 0.0125–0.0130, followed by a breakdown below key EMAs (7 & 25), signaling short-term bearish momentum. Price is now compressing near 0.0110 support, and unless buyers reclaim 0.0115–0.0117, downside continuation remains likely.
Trade Setup:
Sell below 0.0109 (breakdown confirmation) → Target: 0.0105 / 0.0100 → SL: 0.0114
OR Buy above 0.0117 (reversal confirmation) → Target: 0.0125 / 0.0130 → SL: 0.0111