Don’t be too quick to believe the illusion of accumulation—distribution often hides in the rebound. $BR Both the 4-hour and 1-hour charts have broken below their moving averages, and the RSI has slid to around 29. Sellers are clearly in control. Looking at the chart, a quick bounce from here would be perfectly normal, but it looks more like an opportunity for bears than a reversal. My view is to follow the trend and wait for the price to return to that zone before taking action. Don’t chase the price lower.
Keep your position size light. Take half off at the first target, then move the stop-loss on the rest to breakeven and let the profits run. A rebound may come, but until the structure turns, I’m leaning toward further downside. Just keep an eye on the key levels.
🔴 Trade direction: Short
📍 Entry zone: 0.3867097 – 0.3884320
🛑 Stop-loss: 0.4053195
🎯 Take-profit 1: 0.3742593
🎯 Take-profit 2: 0.3653849
🎯 Take-profit 3: 0.3520735
There’s no need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and let every moment resonate.
#BR
Click below to trade 👇
Keep your position size light. Take half off at the first target, then move the stop-loss on the rest to breakeven and let the profits run. A rebound may come, but until the structure turns, I’m leaning toward further downside. Just keep an eye on the key levels.
🔴 Trade direction: Short
📍 Entry zone: 0.3867097 – 0.3884320
🛑 Stop-loss: 0.4053195
🎯 Take-profit 1: 0.3742593
🎯 Take-profit 2: 0.3653849
🎯 Take-profit 3: 0.3520735
There’s no need to chase the trend—the trend will come to you.
Stand alongside Sister Li, and let every moment resonate.
#BR
Click below to trade 👇