$BR V-type after reversal, the real turning point may be coming soon!
This wave strongly rebounded from around 0.1946 back to 0.2388; the lows keep getting higher, and the bulls’ structure remains intact. Currently, the Bollinger Bands continue to contract, and the MACD is nearly stuck as a single line—classic calm before the storm!
If price holds above 0.2375 and breaks through 0.2410 with increased volume, the bulls may gain momentum again, targeting the previous high at 0.2464. After a breakout, further upside could be in the 0.255–0.260 range.
Positioning idea: If the pullback to 0.2375 does not break, you can lightly hold a long position in advance. Set a stop-loss at 0.23. For a more conservative approach, wait for confirmation that the 0.241 breakout holds before going long.
The current bullish accumulation signals are stronger—the key is whether the mid-band can be defended!
This wave strongly rebounded from around 0.1946 back to 0.2388; the lows keep getting higher, and the bulls’ structure remains intact. Currently, the Bollinger Bands continue to contract, and the MACD is nearly stuck as a single line—classic calm before the storm!
If price holds above 0.2375 and breaks through 0.2410 with increased volume, the bulls may gain momentum again, targeting the previous high at 0.2464. After a breakout, further upside could be in the 0.255–0.260 range.
Positioning idea: If the pullback to 0.2375 does not break, you can lightly hold a long position in advance. Set a stop-loss at 0.23. For a more conservative approach, wait for confirmation that the 0.241 breakout holds before going long.
The current bullish accumulation signals are stronger—the key is whether the mid-band can be defended!