🔴 $BR USDT — Sharp Pullback After a Strong Rally

BRUSDT surged toward $0.7340 before sellers pushed price back to $0.5794. On the 1H chart, the rejection is sharp, and price is now testing the $0.5780 area. I’m watching for a failed recovery before considering a short, rather than chasing the drop.

📍 Entry: $0.5780–$0.5900 after bearish confirmation 🎯 TP1: $0.5268 🎯 TP2: $0.4954 🛑 SL: $0.6402

Setup: Resistance Rejection → Failed Recovery → Potential Bearish Continuation

If price reclaims and holds above the $0.5900 area, the short setup needs reassessment. A bounce is still possible after such a sharp move.
— ANiii Trader Analysis 📊
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$BR
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