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$BSB Just finished watching BSB's chart, it surged from 0.6 to 0.95 in 24 hours and then dropped back to 0.73. This washout move was extremely aggressive.
During the upward push, the volume was quite strong; during the pullback, the volume decreased, indicating that the main players haven't completely exited, but short-term selling pressure is also significant.
Now, the price has broken below the 5-day, 10-day, and 30-day moving averages, indicating a clear weak correction.
Personally, I think this coin isn't completely out of the game; the key support is around 0.67. If it can hold this level, there’s still a chance for another rally; if not, it’s likely to retest the previous low of 0.6.
A reminder: don’t blindly buy the dip around 0.7. Wait for a stabilization signal before taking action—don’t compete with the main players to be the first mover. $BTC $ETH #加密市场普遍上涨