🚨 $BSB Downtrend
The confluence of bearish MA alignment, MACD death cross, price at Bollinger lower band with negative momentum, and extremely bearish KDJ all point downward. The significant and sustained contract capital outflow is a major red flag for longs in the short term. The spot inflow provides a conflicting, longer-term bullish clue, suggesting this could be a washout, but it's not yet a 1h buy signal.
Entry short $BSB : retest 0.190-0.195 area (near the previous low)
• A break and close below 0.180 could also be used for an entry.
Stop Loss: For an entry near 0.186, stop loss at 0.198-0.202 would be appropriate
Target Price $BSB : 0.160-0.170