$BR is back near the area we were watching for the short
After that huge move higher, BR has pushed back toward the $0.65 to $0.70 zone again. This is the area where I want to see whether sellers can finally take control after the rejection from the highs.
The move has been extremely aggressive, with BR gaining well over 100% in 24 hours at one point. That kind of volatility can create opportunities on both sides, but it also makes chasing a short dangerous. I’d rather wait for rejection around the entry zone and keep the invalidation clear.
SHORT SETUP
Entry: $0.65 to $0.70
Final Target: $0.55
SL: $0.77
This is a high volatility setup, so position size matters here. If $0.77 breaks, the short idea is invalid and I’d rather step aside than keep fighting the move.
#BR #coinquest #TradingStrategies💼💰
After that huge move higher, BR has pushed back toward the $0.65 to $0.70 zone again. This is the area where I want to see whether sellers can finally take control after the rejection from the highs.
The move has been extremely aggressive, with BR gaining well over 100% in 24 hours at one point. That kind of volatility can create opportunities on both sides, but it also makes chasing a short dangerous. I’d rather wait for rejection around the entry zone and keep the invalidation clear.
SHORT SETUP
Entry: $0.65 to $0.70
Final Target: $0.55
SL: $0.77
This is a high volatility setup, so position size matters here. If $0.77 breaks, the short idea is invalid and I’d rather step aside than keep fighting the move.
#BR #coinquest #TradingStrategies💼💰
