$BR USDT momentum is strong, but don’t chase
#BR is up ~47% with very heavy volume, while your chart shows price near 0.589, below the recent 0.627–0.677 resistance zone. The bigger picture is still volatile after a sharp multi-day decline, so I’d prefer a pullback/retest rather than entering after the spike.
Long idea
- Entry: 0.565–0.590
- SL: 0.545
- TP1: 0.627
- TP2: 0.677
- TP3: 0.692
Invalidation: If BR loses 0.545 with strong selling, I’d avoid the long setup.
The key is whether 0.565–0.590 holds as support. If it does, the move toward 0.627 and potentially 0.677 becomes more interesting. Binance lists BRUSDT as a perpetual contract, so leverage can amplify this volatility.
#BR is up ~47% with very heavy volume, while your chart shows price near 0.589, below the recent 0.627–0.677 resistance zone. The bigger picture is still volatile after a sharp multi-day decline, so I’d prefer a pullback/retest rather than entering after the spike.
Long idea
- Entry: 0.565–0.590
- SL: 0.545
- TP1: 0.627
- TP2: 0.677
- TP3: 0.692
Invalidation: If BR loses 0.545 with strong selling, I’d avoid the long setup.
The key is whether 0.565–0.590 holds as support. If it does, the move toward 0.627 and potentially 0.677 becomes more interesting. Binance lists BRUSDT as a perpetual contract, so leverage can amplify this volatility.
