$BR 🚀 (Bedrock) bounced strongly from the $0.298 support zone, but the rally ran into heavy selling pressure near $0.50. Price has since pulled back and is now consolidating around $0.385, still showing a gain of roughly 9%.
The initial rebound was impressive, but the latest 4H candles suggest momentum is cooling. Volume has dropped from its earlier spike, and price has formed a lower high, so buyers need to prove they can regain control before the next move higher.
📊 Updated Trade Plan
EP: $0.375 – $0.390
Wait for a bullish 4H close or a strong rejection wick before entering.
SL: $0.345
🎯 TP1: $0.450
🎯 TP2: $0.520
🎯 TP3: $0.650
⚠️ Risk Alert: Momentum is slowing, and a break below $0.365 could open the door to another retest of the $0.300 area. Avoid chasing sudden green candles; let buyers confirm support first. Consider securing partial profits at key resistance levels and keep your risk under control.
$ARTX
$STBL
The initial rebound was impressive, but the latest 4H candles suggest momentum is cooling. Volume has dropped from its earlier spike, and price has formed a lower high, so buyers need to prove they can regain control before the next move higher.
📊 Updated Trade Plan
EP: $0.375 – $0.390
Wait for a bullish 4H close or a strong rejection wick before entering.
SL: $0.345
🎯 TP1: $0.450
🎯 TP2: $0.520
🎯 TP3: $0.650
⚠️ Risk Alert: Momentum is slowing, and a break below $0.365 could open the door to another retest of the $0.300 area. Avoid chasing sudden green candles; let buyers confirm support first. Consider securing partial profits at key resistance levels and keep your risk under control.
$ARTX
$STBL