$BR has moved above the 0.65 level.
Let’s use this figure to break down the key price levels.
The longer it’s been since the price last reached this level, the more likely the distribution of holdings around here has changed. The balance of bullish and bearish forces at the time may no longer apply.
The first pullback after moving above the level is often seen as a test: if the price can stabilize above it, the case for resistance turning into support becomes stronger.
Don’t place orders during the most volatile few minutes. Wait for the candlestick to settle before deciding.
This is just my personal opinion, not investment advice.
Let’s use this figure to break down the key price levels.
The longer it’s been since the price last reached this level, the more likely the distribution of holdings around here has changed. The balance of bullish and bearish forces at the time may no longer apply.
The first pullback after moving above the level is often seen as a test: if the price can stabilize above it, the case for resistance turning into support becomes stronger.
Don’t place orders during the most volatile few minutes. Wait for the candlestick to settle before deciding.
This is just my personal opinion, not investment advice.