#bedrocke
$BR USDT is in a powerful macro bull trend, but it is currently extremely overbought on the weekly timeframe. The long upper wick on the current candle signals buyer exhaustion and a high probability of a pullback. Do not chase the price at 0.29859. The optimal play is to wait for a healthy retracement to the 0.25000 – 0.26000 support zone to enter a long position, targeting the 0.35000 ATH and potentially 0.45000. The primary risk is a breakdown below at 0.22159, which would signal a deeper correction.
Patience is key; wait for the pullback.
Swing Trade Limit Entry0.25000 – 0.26000
Weekly close above 0.26000
Stop Loss 0.21000
Take Profit 1 0.35000
Take Profit 2 0.45000
Expected Timeframe 3 days–1 Weeks
$LSK
$STEEM
$BR USDT is in a powerful macro bull trend, but it is currently extremely overbought on the weekly timeframe. The long upper wick on the current candle signals buyer exhaustion and a high probability of a pullback. Do not chase the price at 0.29859. The optimal play is to wait for a healthy retracement to the 0.25000 – 0.26000 support zone to enter a long position, targeting the 0.35000 ATH and potentially 0.45000. The primary risk is a breakdown below at 0.22159, which would signal a deeper correction.
Patience is key; wait for the pullback.
Swing Trade Limit Entry0.25000 – 0.26000
Weekly close above 0.26000
Stop Loss 0.21000
Take Profit 1 0.35000
Take Profit 2 0.45000
Expected Timeframe 3 days–1 Weeks
$LSK
$STEEM