š $BR USDT ā Bulls Are Back in Action!
BRUS is showing strong momentum after bouncing from the lower support zone. Price is now trading around $0.657, up nearly 39% in 24 hours.
š My Technical View:
- Support: $0.62ā$0.60
- Resistance: $0.68ā$0.73
- Bullish breakout zone: Above $0.734
- Next targets: $0.75 ā $0.82 ā $0.90
On the 1D chart, price has reclaimed the MA(7) and MA(25), while volume has picked up. The 15M chart also shows a strong recovery, but price is approaching resistance and the upper Bollinger Band.
My strategy: Iām watching for a clean breakout above $0.68, followed by a move toward $0.73. A rejection here could bring a retest of $0.62ā$0.60 before the next move.
ā ļø After such a sharp pump, chasing green candles is risky. Confirmation matters more than excitement.
Can $BR break $0.734 and push toward $0.80 next? šš
BRUS is showing strong momentum after bouncing from the lower support zone. Price is now trading around $0.657, up nearly 39% in 24 hours.
š My Technical View:
- Support: $0.62ā$0.60
- Resistance: $0.68ā$0.73
- Bullish breakout zone: Above $0.734
- Next targets: $0.75 ā $0.82 ā $0.90
On the 1D chart, price has reclaimed the MA(7) and MA(25), while volume has picked up. The 15M chart also shows a strong recovery, but price is approaching resistance and the upper Bollinger Band.
My strategy: Iām watching for a clean breakout above $0.68, followed by a move toward $0.73. A rejection here could bring a retest of $0.62ā$0.60 before the next move.
ā ļø After such a sharp pump, chasing green candles is risky. Confirmation matters more than excitement.
Can $BR break $0.734 and push toward $0.80 next? šš