$BR Looks ready for a deeper pull ๐๐
๐ด Short-selling setup
Entry range: $1.02 โ $1.05
Stop loss: $1.188
Target 1: $0.90
Target 2: $0.75
Target 3: $0.58
In my opinion, BR started losing momentum after this strong upward move. Price was pushed into the supply zone between $1.18โ$1.27 multiple times, but it couldnโt keep climbing, and now the structure around $1.03 looks weak.
Iโm watching this area for a short; because if sellers stay in control below $1.05, the first clear reaction could take us toward $0.90. After that, $0.75 becomes interesting, while my main target lies lower near a strong support area between $0.52โ$0.58.
The funny part is that BR went up like it forgot somethingโฆ and now it may go all the way back down to get what it forgot ๐๐
As long as price stays below the upper resistance zone, Iโll stick with the bearish idea. A strong reclaim above $1.188 would invalidate this scenario.
$BR
#BR
๐ด Short-selling setup
Entry range: $1.02 โ $1.05
Stop loss: $1.188
Target 1: $0.90
Target 2: $0.75
Target 3: $0.58
In my opinion, BR started losing momentum after this strong upward move. Price was pushed into the supply zone between $1.18โ$1.27 multiple times, but it couldnโt keep climbing, and now the structure around $1.03 looks weak.
Iโm watching this area for a short; because if sellers stay in control below $1.05, the first clear reaction could take us toward $0.90. After that, $0.75 becomes interesting, while my main target lies lower near a strong support area between $0.52โ$0.58.
The funny part is that BR went up like it forgot somethingโฆ and now it may go all the way back down to get what it forgot ๐๐
As long as price stays below the upper resistance zone, Iโll stick with the bearish idea. A strong reclaim above $1.188 would invalidate this scenario.
$BR
#BR