$BRU is going absolutely parabolic right now (+39% today), but DO NOT click market buy. 🛑
If you look at the 4H chart, we just printed a massive wick up to $0.75 and got immediately rejected. The RSI is cooling off, and it’s clear the early birds are taking profits.
But, I’m still heavily bullish on the overall trend (up 342% in 90 days!). The volume is there, and the momentum is insane.
So, instead of FOMO-ing at the top, I’m looking for an aggressive dip-buy (Long) right near current price to catch the next leg up.
Here is my personal game plan for this scalp:
🟢 My Entry Zone: $0.665 - $0.685
(I'm setting limit orders here. I want to catch a quick 15-minute wick down to grab liquidity before the bounce. Don't buy a green candle, wait for a little red).
🎯 Take Profit 1: $0.715 (Taking off 50% of my bag here to secure profit).
🎯 Take Profit 2: $0.749 (Letting the rest ride for a retest of the 24h high).
🔴 Stop Loss: $0.645
(Strict SL. If we lose this level on the 4H, the short-term momentum is dead, and I expect a deeper flush down to the $0.57 area).
$BR
If you look at the 4H chart, we just printed a massive wick up to $0.75 and got immediately rejected. The RSI is cooling off, and it’s clear the early birds are taking profits.
But, I’m still heavily bullish on the overall trend (up 342% in 90 days!). The volume is there, and the momentum is insane.
So, instead of FOMO-ing at the top, I’m looking for an aggressive dip-buy (Long) right near current price to catch the next leg up.
Here is my personal game plan for this scalp:
🟢 My Entry Zone: $0.665 - $0.685
(I'm setting limit orders here. I want to catch a quick 15-minute wick down to grab liquidity before the bounce. Don't buy a green candle, wait for a little red).
🎯 Take Profit 1: $0.715 (Taking off 50% of my bag here to secure profit).
🎯 Take Profit 2: $0.749 (Letting the rest ride for a retest of the 24h high).
🔴 Stop Loss: $0.645
(Strict SL. If we lose this level on the 4H, the short-term momentum is dead, and I expect a deeper flush down to the $0.57 area).
$BR