🔴 $CBRS — Short Setup

#CBRS is at $248.10 (+10.40%). The short signal is counter-trend: price is well above MA(7) $230.76, MA(25) $215.60, and the Supertrend $195.00. The main resistance is $260.77–265.81, so I would wait for rejection rather than shorting immediately.

MA(7): 230.76

MA(25): 215.60

MA(99): 270.95 🔴

Supertrend: 195.00 🟢

24h High: 260.77

24h Low: 223.19

Preferred entry: $255–265 on rejection
TP1: $240
TP2: $230.75
TP3: $215.60
SL: $271.50

🔻 Confirmation: Rejection from $255–265 + loss of $240.

⚠️ Don't short at $248 blindly. Momentum is still bullish and price is above the Supertrend. If CBRS breaks and holds $265.81, the short setup is invalidated.

Short confidence: 6.5/10.
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