$BR – Selling pressure eases back
Futures price is 0.41845 USDT, down 14.98% over 24 hours. The most recent 1H candle opened at 0.46332, swept up to 0.47354, then closed at 0.42472, indicating that selling pressure has absorbed most of the upward move.
🔴 Only follow the downside if the 1H candle closes below 0.42100. Then 0.41230 is the level to watch; the thesis is invalid if the 1H candle closes back above 0.44302. The current candle has not closed yet, and 0.41230 is only a temporary bottom, so the condition has not been confirmed.
The range is still wide—avoid chasing the price mid-way.
Personal observation only, not investment advice. Risk 1%; always have a stop point.
#BR #Futures #BinanceSquare
Futures price is 0.41845 USDT, down 14.98% over 24 hours. The most recent 1H candle opened at 0.46332, swept up to 0.47354, then closed at 0.42472, indicating that selling pressure has absorbed most of the upward move.
🔴 Only follow the downside if the 1H candle closes below 0.42100. Then 0.41230 is the level to watch; the thesis is invalid if the 1H candle closes back above 0.44302. The current candle has not closed yet, and 0.41230 is only a temporary bottom, so the condition has not been confirmed.
The range is still wide—avoid chasing the price mid-way.
Personal observation only, not investment advice. Risk 1%; always have a stop point.
#BR #Futures #BinanceSquare
