🔴 $BR — SPOT-BASED SHORT/FUTURES SETUP
Current reference: ~$1.10
🔴 SHORT ENTRY: $1.13 – $1.18
🎯 TP1: $1.05
🎯 TP2: $0.98
🎯 TP3: $0.88
🛑 SL: $1.25
🧠 WHY
BR has exploded ~347% in 7 days, making this an extremely extended move. It just printed around $1.23, then pulled back toward ~$1.10 — a clear area to watch for rejection. The recent rally has been accompanied by enormous volume, so a reversal can also be violent. $1.13–$1.18 is where I'd want a failed reclaim rather than shorting at $1.10. If $1.23–$1.25 breaks and holds, the short thesis is invalid.
🔥 Logic:
$1.13–1.18 rejection → $1.05 → $0.98 → $0.88
⚠️ BR is insanely volatile right now. Don't market-short $1.10; wait for the rejection zone.
Current reference: ~$1.10
🔴 SHORT ENTRY: $1.13 – $1.18
🎯 TP1: $1.05
🎯 TP2: $0.98
🎯 TP3: $0.88
🛑 SL: $1.25
🧠 WHY
BR has exploded ~347% in 7 days, making this an extremely extended move. It just printed around $1.23, then pulled back toward ~$1.10 — a clear area to watch for rejection. The recent rally has been accompanied by enormous volume, so a reversal can also be violent. $1.13–$1.18 is where I'd want a failed reclaim rather than shorting at $1.10. If $1.23–$1.25 breaks and holds, the short thesis is invalid.
🔥 Logic:
$1.13–1.18 rejection → $1.05 → $0.98 → $0.88
⚠️ BR is insanely volatile right now. Don't market-short $1.10; wait for the rejection zone.
