🔥 Everyone, look at $BR —it hit a major rejection at 1.40 after a sharp pump, setting up a prime Short position!
Short Trade Position: #$BR Perp
Entry Zone: 1.22084 – 1.26019
🎯 TP1: 1.10000
🎯 TP2: 1.00000
🎯 TP3: 0.95862
🛑 Stop Loss (SL): 1.37633
🔍 Why this Short position?
Rejection at Highs: After reaching a 24h high near 1.40172, price experienced an immediate sharp sell-off, leaving a long upper shadow and indicating heavy resistance.
Bearish Momentum: The 1-hour timeframe shows sellers taking control as the price dips back below key EMA levels and struggles to maintain lower highs.
Favorable Risk/Reward: Positioning an entry in the 1.22–1.26 zone with a Stop Loss just above recent local highs offers a clear downside target toward major psychological support at 1.00000 and 0.95862.
Click here to Trade 👇️
Short Trade Position: #$BR Perp
Entry Zone: 1.22084 – 1.26019
🎯 TP1: 1.10000
🎯 TP2: 1.00000
🎯 TP3: 0.95862
🛑 Stop Loss (SL): 1.37633
🔍 Why this Short position?
Rejection at Highs: After reaching a 24h high near 1.40172, price experienced an immediate sharp sell-off, leaving a long upper shadow and indicating heavy resistance.
Bearish Momentum: The 1-hour timeframe shows sellers taking control as the price dips back below key EMA levels and struggles to maintain lower highs.
Favorable Risk/Reward: Positioning an entry in the 1.22–1.26 zone with a Stop Loss just above recent local highs offers a clear downside target toward major psychological support at 1.00000 and 0.95862.
Click here to Trade 👇️
