$BIRB is facing renewed selling pressure after getting rejected from a key resistance zone. Sellers appear to be gaining control, and if bearish momentum continues, a breakdown could open the door to further downside toward the planned targets. Watch price action closely and wait for confirmation before entering.
Trading Ideas Short $BIRB
Entry: 0.0590 – 0.0614
SL: 0.066
TP1: 0.0568
TP2: 0.0553
TP3: 0.0521
As long as BIRB remains under resistance, the bearish scenario stays in focus. However, a strong recovery could invalidate this setup, so follow your stop loss, manage position size carefully, and avoid entering without confirmation.
DYOR (Do Your Own Research).
Trading Ideas Short $BIRB
Entry: 0.0590 – 0.0614
SL: 0.066
TP1: 0.0568
TP2: 0.0553
TP3: 0.0521
As long as BIRB remains under resistance, the bearish scenario stays in focus. However, a strong recovery could invalidate this setup, so follow your stop loss, manage position size carefully, and avoid entering without confirmation.
DYOR (Do Your Own Research).