【$BSV Signal】Long! 1H pullback confirmation, negative fee rate short squeeze script activated

$BSV The 1H timeframe shows healthy pullback after volume surge, currently stabilizing above EMA20 (16.54). A single large bullish candle on the 4H chart confirms a reversal, with the current price consolidating to digest profit-taking. Negative fee rate (-0.0786%) + stable OI indicate potential for a short squeeze. The 1H RSI (65.49) has pulled back from overbought territory, providing a secondary entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 16.90 - 17.05 (Reason: 1H EMA20 support zone and the midpoint of the previous hour’s candlestick body )

🛑Stop Loss: 16.65 (Reason: Break below 1H EMA50 support and previous pullback low )

🚀Target 1: 17.50 (Reason: Previous high resistance and 4H Fibonacci 0.382 level )

🚀Target 2: 18.00 (Reason: Previous daily chart resistance level )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 4H trend reversal, clear 1H structure, favorable risk-reward ratio )

- Execution strategy: If the price surges immediately after entry, reduce position by 50% at Target 1, and move the remaining stop loss to the entry price. If the price consolidates in the entry zone for more than 4 1H candles without a move, consider halving the position or exiting at breakeven.

Deep logic: Market signals indicate an upward trend, combined with stable OI rather than decreasing, ruling out a simple short squeeze. It appears to be new long capital entering to support the market. Market depth shows heavy buy orders below 16.90 (over 6000 contracts accumulated), providing strong support. The buy/sell ratio on the 1H chart in the latest volume spike reaches 0.57, indicating buyer dominance. In a negative fee rate environment, the price resists deep correction, which can accelerate short covering.

Trade here 👇 $BSV

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