$BR pulled a massive dead cat bounce from $0.206 right back into major resistance at $0.50+.
I’m watching for signs of exhaustion here. The 15M RSI is above 98, while the 4H MACD is showing bearish divergence.
A clean breakdown below $0.490 would confirm the pump is losing steam, opening room for a move back toward lower demand.
Trade Plan (Short $BR / $USDT )
Entry: $0.495 - $0.510
(Wait for a 15M candle to close below $0.490, then set a short limit entry on that price zone)
Target (TP): $0.350 / $0.265
Stop loss: $0.535
NFA! Always manage your position properly and never risk more than you can afford to lose.
I’m watching for signs of exhaustion here. The 15M RSI is above 98, while the 4H MACD is showing bearish divergence.
A clean breakdown below $0.490 would confirm the pump is losing steam, opening room for a move back toward lower demand.
Trade Plan (Short $BR / $USDT )
Entry: $0.495 - $0.510
(Wait for a 15M candle to close below $0.490, then set a short limit entry on that price zone)
Target (TP): $0.350 / $0.265
Stop loss: $0.535
NFA! Always manage your position properly and never risk more than you can afford to lose.
