$BR +16% in 24h. Is it just me or does this look like exhaustion at the top? 👇
A 33% surge in 29 hours put it up 16% on the day, so I took a closer look at the structure.
The break above 0.4935 was tiny (8.0%) and BR got rejected from 0.5329 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.4514. Nobody's touched it $BR since the pullback (46% of the leg), so it's the obvious magnet. A move above 0.5329 proves me wrong.
📌 My BR trade: short from 0.4985, stop at 0.5221, target 0.4514 (+9.4%, 1:2)
📊 24h Vol: $21.7M | 24h Chg: +15.9% | Funding: +0.0050%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#BR #Crypto #Trade
A 33% surge in 29 hours put it up 16% on the day, so I took a closer look at the structure.
The break above 0.4935 was tiny (8.0%) and BR got rejected from 0.5329 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.4514. Nobody's touched it $BR since the pullback (46% of the leg), so it's the obvious magnet. A move above 0.5329 proves me wrong.
📌 My BR trade: short from 0.4985, stop at 0.5221, target 0.4514 (+9.4%, 1:2)
📊 24h Vol: $21.7M | 24h Chg: +15.9% | Funding: +0.0050%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#BR #Crypto #Trade
