A bearish stack is dragging BR lower again.
🔴 SHORT $BR /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.4697541 – 0.4716459
TP1: 0.4521667 (-3.9%)
TP2: 0.4398112 (-6.6%)
TP3: 0.4212778 (-10.5%)
SL: 0.4954111 (+5.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Why SHORT? 6/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 35.3)
In plain words:
The 4h trend is down, with the price below both the 50 and 200 period averages, and the 1h trend is also down. The 4h RSI sits at 44.6 and the 1h RSI at 33.6, both showing sellers are in control. This gives a clear edge for a short setup on BR.
Where would you place your own short level?