$BSB Watch the short side. The current price is clearly being resisted in the range 0.12740 to 0.12874, and I think this is a good entry point. On the 4-hour timeframe, continue to short with support; the daily chart overall is still range-bound. The 15-minute RSI is around 40, momentum is fairly neutral, and there may be room for further downside. Also, the 15-minute trading volume has confirmed the seller’s real participation. You can look for an entry opportunity near 0.12740, then target 0.12326 and even 0.11523. However, contract volatility is high—make sure to place a stop-loss at 0.13449, manage risk, and don’t go in too heavy.

BSB0.32%
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