【$BSV Signal】Bull-Bear Battle, Waiting for 1H Level Direction Decision

$BSV The 1H level is oscillating narrowly between 17.0-17.1, with the price being suppressed by the 1H EMA20 (17.08). On the 4H level, the price has fallen back from the high of 18.68 and is currently near a key support zone (around the previous low + 4H EMA50). Bulls and bears are fighting here, and a trend reversal is imminent. Open interest remains stable, but the order book shows buy-side depth (17.0-16.9) significantly thicker than sell-side (17.06-17.2), with a 9% depth imbalance, indicating strong support below. The current price is not suitable for direct entry; wait for a clear signal.

🎯Direction: Watchful (Pending Orders )

⚡Order Strategy:

- Breakout Long: If the price stabilizes above 17.15 (Reason: Breaks through 1H EMA20 resistance and recent minor high), go long.

- Pullback to Long: If the price retraces to 16.85 (Reason: 1H EMA50 support and dense buy zone in the order book), set a long position.

🛑Stop Loss: 16.65 (Reason: Breaks below recent 4H low of 16.63 and ATR lower band)

🚀Target 1: 17.60 (Reason: Resistance at the previous 4H high)

🚀Target 2: 18.20 (Reason: Resistance zone near the previous high of 18.68)

🛡Trade Management:

- Position Size: Light (Reason: 4H trend has not fully turned bullish, indicating a counter-trend rebound).

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position towards Target 2. If the price cannot stabilize at the entry level, exit immediately.

Depth Logic: The current price is stuck at a critical point. The 1H RSI is neutral (49.16), with no clear divergence. However, the order book depth imbalance (thicker buy side) is the key point, indicating large funds are supporting the bottom to prevent further decline. Combining market logic suggests “price rising, main players entering or bears being squeezed.” If the price can volume-break through 17.15, it may trigger short covering and rapid upward movement. This is a typical low-buy or breakout chase scenario.

Trade here 👇 $BSV

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