$BR Perp — 1H Chart Read 📊
BR is still in a very strong momentum structure, but this chart has moved fast. From roughly $0.52 → $0.99, so the key now is managing the pullback rather than chasing the top.
Price is still well above the $0.7736 Supertrend, and the order book shows a strong 75.21% bid vs 24.79% ask split on the screenshot.
Current price: $0.9286
Supertrend: $0.7736 🟢
Resistance: $0.9887 → $1.00
Support: $0.90 → $0.84 → $0.7736
Long setup
Preferred entry: $0.88–$0.91
SL: $0.84
TP1: $0.9887
TP2: $1.02
TP3: $1.08–$1.12
The cleaner setup would be a retest of $0.90 that holds, followed by another push toward $0.9887.
If BR gets a 1H close above $0.99, then $1.00 becomes the psychological level to watch. A sustained break could open the way toward the next extension.
On the other hand, losing $0.84 would make me much more cautious, while a break below the $0.7736 Supertrend would significantly weaken the current 1H structure.
Bias: Bullish above $0.84.
Best approach: wait for the pullback instead of chasing the $0.93 candle.
#Write2Earn
BR is still in a very strong momentum structure, but this chart has moved fast. From roughly $0.52 → $0.99, so the key now is managing the pullback rather than chasing the top.
Price is still well above the $0.7736 Supertrend, and the order book shows a strong 75.21% bid vs 24.79% ask split on the screenshot.
Current price: $0.9286
Supertrend: $0.7736 🟢
Resistance: $0.9887 → $1.00
Support: $0.90 → $0.84 → $0.7736
Long setup
Preferred entry: $0.88–$0.91
SL: $0.84
TP1: $0.9887
TP2: $1.02
TP3: $1.08–$1.12
The cleaner setup would be a retest of $0.90 that holds, followed by another push toward $0.9887.
If BR gets a 1H close above $0.99, then $1.00 becomes the psychological level to watch. A sustained break could open the way toward the next extension.
On the other hand, losing $0.84 would make me much more cautious, while a break below the $0.7736 Supertrend would significantly weaken the current 1H structure.
Bias: Bullish above $0.84.
Best approach: wait for the pullback instead of chasing the $0.93 candle.
#Write2Earn
