【$BSV Signal】1H pullback confirmation, sniper on the 4H trend continuation

$BSV After the 1H level pullback to EMA20 (17.07) and support rebound, the 4H level has broken through the previous consolidation upper boundary, forming an upward trend. The current price is consolidating above the 1H EMA20, the bullish structure remains intact, and in a negative funding rate environment, there is potential for short squeeze, making it a good opportunity to buy on dips.

🎯Direction: Long (Long)

🎯Entry/Order: 17.05 - 17.15 (Reason: 1H EMA20 support zone, previous 1H candle low )

🛑Stop Loss: 16.85 (Reason: Break below 1H EMA50 and previous low of 16.88, structure broken )

🚀Target 1: 17.60 (Reason: Previous high resistance, recent 4H high )

🚀Target 2: 18.00 (Reason: Psychological round number, previous platform on daily chart )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: 4H trend just started, but 1H level is still consolidating, risk control needed )

- Execution strategy: After reaching 17.60, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price strongly breaks through 17.60 and stabilizes, hold the remaining position towards 18.00.

Deep logic: The 4H chart shows the price has broken above EMA20 (16.16) with volume, indicating a trend shift to bullish. The 1H RSI (55.4) is in a healthy zone with room to rise. Market depth shows buy orders accumulating in the 17.00-17.05 range (about 3,600 contracts), forming strong support. Negative funding rate (-0.0232%) suggests high short position costs, favorable for short squeeze. OI trend is stable, and the price has not fallen, indicating it’s not just short covering but active buying by bulls.

Trade here 👇 $BSV

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