$BSV

BSV
BSVUSDT
13.92
-0.64%

USDT is trading near 15.46 after a volatile intraday swing that shook out weak hands. Price briefly flushed toward the 15.42–15.44 demand zone, where buyers stepped in aggressively, confirming this area as short-term support. The bounce, however, is still capped below the declining MA60 around 15.53, which keeps the broader structure pressured. Volume tells a clean story: the selloff came with a spike, while the rebound shows lighter volume, signaling stabilization rather than full trend reversal. As long as price holds above 15.40, consolidation with higher lows is possible, opening room for a retest of 15.80. A failure below 15.40 would expose deeper downside toward 15.00. Conclusion: BSV is compressing after a shakeout, and the next directional move will depend on a clean break or rejection at the MA60. Pro tip: wait for volume expansion with a candle close above 15.55 before targeting upside continuation.

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