$BR Perp â 1H Chart Read đ
This is a very strong recovery structure. BR moved from around $0.206 â $0.735 and is now consolidating near the highs instead of giving back the entire move. Thatâs the part I like most here.
Current price: $0.679
Supertrend: $0.54259 đą
24H high: $0.73502
Order book: 51.99% bids vs 48.01% asks
Key levels
Resistance: $0.700 â $0.735
Support: $0.645 â $0.620
Major trend support: $0.543
Long setup
I wouldnât chase $0.679 after such a big move.
Preferred entry: $0.650â$0.665
SL: $0.625
TP1: $0.700
TP2: $0.735
TP3: $0.780â$0.800
The cleaner momentum trade comes if $0.735 breaks with a 1H close and holds it as support. That would give the chart a fresh continuation structure.
If $0.645 fails, Iâd step back and wait rather than force a long. This is an early-stage asset with very high volatility, which the chart itself is already showing.
Bias: Bullish while $0.645 holds, with $0.735 being the key breakout level.
#BR
This is a very strong recovery structure. BR moved from around $0.206 â $0.735 and is now consolidating near the highs instead of giving back the entire move. Thatâs the part I like most here.
Current price: $0.679
Supertrend: $0.54259 đą
24H high: $0.73502
Order book: 51.99% bids vs 48.01% asks
Key levels
Resistance: $0.700 â $0.735
Support: $0.645 â $0.620
Major trend support: $0.543
Long setup
I wouldnât chase $0.679 after such a big move.
Preferred entry: $0.650â$0.665
SL: $0.625
TP1: $0.700
TP2: $0.735
TP3: $0.780â$0.800
The cleaner momentum trade comes if $0.735 breaks with a 1H close and holds it as support. That would give the chart a fresh continuation structure.
If $0.645 fails, Iâd step back and wait rather than force a long. This is an early-stage asset with very high volatility, which the chart itself is already showing.
Bias: Bullish while $0.645 holds, with $0.735 being the key breakout level.
#BR
