Based on the current picture, I lean toward the idea that in the near term a downward correction (short) is more likely than an upward move (long). In percentage terms, you could estimate it at roughly 65% down and 35% up over the next few hours. The reason is simple: right now, according to the schedule, a major batch of tokens is being unlocked (about 40.6M BR, roughly $10.3M) with a cliff unlock (one-time). This increases the supply on the market and creates strong sell pressure, which often triggers a pullback.

Why specifically down:

· Lack of support: On the 4H RSI is 70.8 — this is an overbought zone, which doesn’t leave room for growth.

· Volumes: In the last 4 hours, trading volume has already exceeded the average values (11.7M USDT), which suggests a possible exit by large players.

Target levels (on the decline):

· Zone 1 (main): 1.02 – 1.04 USDT. This is the nearest support level on the chart, where a bounce may occur.

· Zone 2 (deep): 0.90 – 0.95 USDT. This is the level for a stronger correction.

Important nuance:

On the daily timeframe, BR still has a strong uptrend, recorded at the 1.23 peak. That’s why it’s important to understand: this is a pullback within a rising trend. If the price breaks 1.04 and holds above it, the scenario will shift toward an up move, and you should treat it as a long.