đš $BR /USDT: The Breakout Has Failed, Sellers Are Taking Control !
BRUSDT has lost its bullish momentum after failing to sustain the breakout toward $0.5370. The rejection triggered a sharp pullback, and the price has now returned to the $0.416 zone, showing that sellers are controlling the short-term structure. On the 15 minute chart, BR is trading below both MA(7) at $0.4190 and MA(25) at $0.4262, while the MA(99) near $0.4145 is the key support keeping the price from breaking lower. The recovery attempts have been weak, volume has cooled significantly, and the price is compressing near support. If $0.4140â$0.4100 fails, the next downside area is around $0.3975, followed by $0.3850 if selling pressure accelerates. For bulls to regain control, BR needs to reclaim $0.4260 and push back toward $0.4345.
My short-term bias remains bearish while BR stays below the $0.4260â$0.4345 resistance zone. The failed breakout has damaged the bullish structure, and another support breakdown could open the door to further losses. However, a strong reclaim of resistance would weaken this bearish outlook. The key level to watch now is $0.4140: if buyers cannot defend it, the downside move may continue.
BRUSDT has lost its bullish momentum after failing to sustain the breakout toward $0.5370. The rejection triggered a sharp pullback, and the price has now returned to the $0.416 zone, showing that sellers are controlling the short-term structure. On the 15 minute chart, BR is trading below both MA(7) at $0.4190 and MA(25) at $0.4262, while the MA(99) near $0.4145 is the key support keeping the price from breaking lower. The recovery attempts have been weak, volume has cooled significantly, and the price is compressing near support. If $0.4140â$0.4100 fails, the next downside area is around $0.3975, followed by $0.3850 if selling pressure accelerates. For bulls to regain control, BR needs to reclaim $0.4260 and push back toward $0.4345.
My short-term bias remains bearish while BR stays below the $0.4260â$0.4345 resistance zone. The failed breakout has damaged the bullish structure, and another support breakdown could open the door to further losses. However, a strong reclaim of resistance would weaken this bearish outlook. The key level to watch now is $0.4140: if buyers cannot defend it, the downside move may continue.