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Hxlaw
Hxlaw
$BSB BSBUSDT in the 4H frame is still maintaining a positive uptrend after a strong breakout from the 0.50 to the peak of 1.50. Currently, the price is sidewaying around 1.20–1.23 and holding well on the important MA lines, indicating that buying force is still present. MA5 and MA10 continue to be above MA20, confirming that the short-term uptrend has not been broken. After the hot rise, BSB is entering the accumulation phase to absorb the pressure to take profit. If the support area of 1.10–1.15 is maintained, it is highly likely that the price will continue to retest the resistance area of 1.35–1.50 in the near future. The current volume has decreased slightly, indicating that the selling side is not too strong. The appropriate strategy is to buy around the support area or wait for a clear breakout above 1.25 with increased volume. It is necessary to manage risk if the price breaks through 1.05 because there may be a deeper adjustment.

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