🚨 CBRS: BUYERS NEED TO PROVE THEIR STRENGTH
CBRS is trading near $115.18, up around 15.16% in 24 hours.
However, its latest one-hour move is negative. That makes the next reaction important.
My trading framework:
🔴 If price keeps making lower highs and fails to reclaim the latest breakdown area, I will stay bearish.
🟢 If buyers reclaim resistance and hold the retest, a continuation setup may develop.
I am not shorting only because the price is pulling back.
I am not buying only because the daily performance is green.
Wait for price action. Then execute.$CBRS
#CBRS #CryptoAnalysis #PriceAction #TradingMindset
CBRS is trading near $115.18, up around 15.16% in 24 hours.
However, its latest one-hour move is negative. That makes the next reaction important.
My trading framework:
🔴 If price keeps making lower highs and fails to reclaim the latest breakdown area, I will stay bearish.
🟢 If buyers reclaim resistance and hold the retest, a continuation setup may develop.
I am not shorting only because the price is pulling back.
I am not buying only because the daily performance is green.
Wait for price action. Then execute.$CBRS
#CBRS #CryptoAnalysis #PriceAction #TradingMindset
