CBRS is consolidating near local range lows after testing upper resistance boundaries.
Sellers are failing to sustain deeper downside momentum while buyers defend immediate support levels.
CBRS – SHORT
Entry: 178.50–178.75
SL: 179.73
TP1: 177.80
TP2: 177.40
TP3: 175.80
Price action shows clear rejection near structural supply zones with declining buyer volume on recent bounce attempts. Bearish continuation remains favored as lower highs press against established intraday support levels.
Sellers are failing to sustain deeper downside momentum while buyers defend immediate support levels.
CBRS – SHORT
Entry: 178.50–178.75
SL: 179.73
TP1: 177.80
TP2: 177.40
TP3: 175.80
Price action shows clear rejection near structural supply zones with declining buyer volume on recent bounce attempts. Bearish continuation remains favored as lower highs press against established intraday support levels.
