BR is moving fast, but the interesting part is what happens after this rebound.
$BR is trading around $0.619, up over 47% today after bouncing from the $0.387 area. The move is strong, but the daily structure still has something to prove because the Supertrend sits much higher at $0.9266.
What I like is the reaction from the lows. Buyers stepped in aggressively and pushed price back toward the first major resistance.
My map:
Current: $0.619
Support: $0.55–$0.58
Major support: $0.40–$0.42
Resistance: $0.67–$0.71
Major resistance: $0.90–$0.93
Target 1: $0.75
Target 2: $0.93
Target 3: $1.00+
The level I’m watching closely is $0.67–$0.71.
A clean reclaim of that zone would make this recovery much more convincing and could put $0.90+ back on the table.
But this is not a chart I’d chase after a 47% daily move. Let the market cool down and show whether buyers can actually hold the reclaimed levels.
Strong bounce so far. Now BR needs to turn that momentum into structure.
#Write2Earn #BR
$BR is trading around $0.619, up over 47% today after bouncing from the $0.387 area. The move is strong, but the daily structure still has something to prove because the Supertrend sits much higher at $0.9266.
What I like is the reaction from the lows. Buyers stepped in aggressively and pushed price back toward the first major resistance.
My map:
Current: $0.619
Support: $0.55–$0.58
Major support: $0.40–$0.42
Resistance: $0.67–$0.71
Major resistance: $0.90–$0.93
Target 1: $0.75
Target 2: $0.93
Target 3: $1.00+
The level I’m watching closely is $0.67–$0.71.
A clean reclaim of that zone would make this recovery much more convincing and could put $0.90+ back on the table.
But this is not a chart I’d chase after a 47% daily move. Let the market cool down and show whether buyers can actually hold the reclaimed levels.
Strong bounce so far. Now BR needs to turn that momentum into structure.
#Write2Earn #BR
