🔴 $BR /USDT — UPDATED 1H SHORT SETUP 📉

BR has changed from the earlier chart: price is now 0.67495, holding near the upper part of the recent consolidation after a massive rebound from 0.20605.

📉 Short plan

Preferred entry: 0.700–0.735 after rejection
SL: 0.755
TP1: 0.665
TP2: 0.642
TP3: 0.590
TP4: 0.528

Key observations

🔴 0.73502 = recent 1H high and primary resistance.

🔴 0.70–0.735 = area where another rejection could develop.

🟡 0.665 = MA(7), immediate support.

🟢 0.642 = MA(25).

🟢 0.528 = major deeper support.

Stoch RSI is ~92, with the MA reading ~82 → momentum is very elevated.

Price remains above MA7, MA25 and MA99, so the broader 1H structure is still bullish despite the potential short setup.

⚠️ Important

I would not short at 0.675 immediately. The cleaner setup is a push toward 0.70–0.735, followed by a bearish candle/lower high.

If BR gets a strong 1H close above 0.735–0.755, the short thesis is invalidated and the market could continue the breakout.

Current structure: bullish trend + overbought momentum → countertrend short only on confirmed rejection.