$BR Market cap is around 149 million. The liquidity isn’t too low, but the 04:00 candle has already closed at 0.4365, and it looks unlikely to reclaim the previous breakout level at 0.456. Volume is around 540,000 U, about 3.97 times the average, open interest is down about 1.35%, and aggressive buying is around 48%.
Price is moving lower as positions are reduced, so I don’t want to buy the dip on this candle.
Short entry: 0.4365
Stop loss: 0.4496
Take-profit: TP1 0.4234, TP2 0.3972
After TP1 is reached, I’ll move the stop loss to the entry price. $BR If the 1-hour candle closes back above 0.456, I’ll stop trading.
#BR #山寨币 #Futures
This is not investment advice.
Price is moving lower as positions are reduced, so I don’t want to buy the dip on this candle.
Short entry: 0.4365
Stop loss: 0.4496
Take-profit: TP1 0.4234, TP2 0.3972
After TP1 is reached, I’ll move the stop loss to the entry price. $BR If the 1-hour candle closes back above 0.456, I’ll stop trading.
#BR #山寨币 #Futures
This is not investment advice.
