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

$BSV The 1H level is oscillating narrowly around EMA20 (16.19), with prices compressed within a very small range of 16.15-16.25, about to choose a direction. The 4H level EMA50 (16.19) and 1H EMA20 form a resonant support, but the upper EMA20 (16.44) acts as resistance. Open interest remains stable, prices are declining but without triggering large-scale liquidations, and the market is waiting for a catalyst.

🎯 Direction: Watch and Wait (Pending Orders)

⚡ Pending Order Strategy:

- Long Trigger: Price breaks above and stabilizes at 16.30 (Reason: Breakout of the 1H oscillation upper boundary and dense sell orders zone).

- Short Trigger: Price falls below 16.10 (Reason: Break below the 4H EMA50 and the lower boundary of the 1H oscillation box).

🎯 Entry / Pending Orders:

- Long Entry: 16.32-16.35 (Reason: Confirmed breakout followed by entry).

- Short Entry: 16.05-16.08 (Reason: Break and rebound confirmation).

🛑 Stop Loss:

- Long Stop Loss: 15.95 (Reason: Break below recent 4H low support zone at 15.85-15.91).

- Short Stop Loss: 16.25 (Reason: Reclaimed the middle of the oscillation range).

🚀 Target 1:

- Long Target: 16.70 (Reason: Previous high resistance and 4H Fibonacci 0.5 retracement level).

- Short Target: 15.60 (Reason: Previous low support zone).

🚀 Target 2:

- Long Target: 17.00 (Reason: Previous high on 4H level and psychological barrier).

- Short Target: 15.20 (Reason: Previous low on daily chart).

🛡️ Trading Management:

- Position Size Suggestion: Light position (Reason: Direction is unclear, belongs to breakout battle, higher risk).

- Execution Strategy: Set stop loss at entry upon trigger in either direction. If price moves favorably by more than 1x ATR (about 0.25), move stop loss to break-even. After reaching Target 1, reduce position by 50%, and trail stop for the remaining position.

Deep Logic: Order book shows sell orders accumulated in the 16.24-16.30 zone (depth imbalance 3.66%), forming short-term strong resistance. The 1H RSI is neutral (49.71), with no clear divergence. Key is whether the price breaks upward or downward, accompanied by volume expansion and open interest changes. Currently, it’s a typical compression spring market, with a trend reversal imminent.

View real-time quotes 👇 $BSV

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