$BR plunged 12.88% in one hour.
Hourly volume was 3.56 times higher—real money is piling in to sell.
This doesn’t look like a shakeout; it looks like a scramble for the exits.
Funding is at -0.236%, so shorts are already paying to hold their positions.
OI is also down 5 points, which means longs are getting liquidated—not shorts piling in.
I’m leaning bearish with the trend; I’d treat any bounce as a chance to get out.
My stop for the short is 0.57311. If it breaks, I’ll admit I’m wrong and exit.
First, let’s see if 0.3872 holds as support.
Honestly, at this speed, even I think chasing the short is too risky.
Let’s take a poll in the comments: will 0.3872 break tonight?
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Personal market notes only; this is not investment advice. Please manage your position size.