【$BOBUSDT】Major Capital Intent Exposed


$BOBUSDT On the four-hour level, price has broken above the Bollinger Bands upper rail, but MACD histogram expansion momentum is beginning to contract, and the hourly RSI has not continued to push higher after touching 70. During regular market fluctuations, buy-side depth has accumulated over 500,000U in pending orders in the 0.00594-0.00595 zone, forming a thick capital moat, while sell-side orders above are relatively sparse. Chasing longs at this position is equivalent to throwing money away, and the risk-reward ratio has become severely inverted. Under a negative funding rate environment, price is still holding firm, which looks more like bulls are using buy walls to maintain price and prepare for subsequent moves.
At current price 0.005957, directly go short, with stop loss placed above 0.00604. First target looks at 0.00586, reduce position by half when reached, and keep the rest with breakeven stop. Second target looks around 0.00575.
View real-time market 👇 $BOBUSDT
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