$BSV Signal】Long! 1H Breakout Confirmation, Capital Inflow + Negative Fee Rate Short Squeeze Script



$BSV The 1H timeframe has broken above the EMA20 (16.14) with increased volume and stabilized, forming a short-term upward structure. Although the 4H timeframe is still in a consolidation zone, the latest 4H candle closed bullish with a buy ratio of 0.64, indicating that the bulls are starting to gain momentum. In a negative fee rate environment, prices remain firm, and there is potential for a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: 16.28 - 16.32 (Reason: 1H EMA20 support zone & pullback confirmation after breakout )

🛑Stop Loss: 15.95 (Reason: Break below the previous 4H low & key psychological level )

🚀Target 1: 16.65 (Reason: Recent 4H resistance level )

🚀Target 2: 16.95 (Reason: Daily EMA50 resistance & 1.382 Fibonacci extension )

🛡Trade Management:

- Position Size Suggestion: Light Position (Reason: 4H trend is not fully clear, short-term play )

- Execution Strategy: After reaching 16.65, reduce position by 50% and lock in partial profits, move remaining stop loss up to entry price 16.32. If price strongly breaks through 16.65, hold the remaining position towards the second target.

Deep Logic: Market depth shows buy orders (bids) significantly thicker than sell orders (asks), with an imbalance of 12.12%, indicating strong support below. Open interest (OI) trend is stable, combined with rising prices and negative fee rates, indicating increasing pressure for short covering. The 1H RSI is at 59.31, leaving room for further upside without entering overbought territory. Key level to watch is whether the price can hold above 16.30 and challenge the immediate resistance at 16.38.

View real-time market 👇 $BSV

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GateUser-c019a2e7vip
· 7h ago
Wishing you great wealth in the Year of the Horse 🐴
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