$BR — sitting inside what looks like a solid accumulation zone.
It's testing the 0.4405 – 0.3905 support range. If buyers actually defend this area, it can rotate up toward 0.4705 and beyond.
Long entry: 0.4405 – 0.3905
Targets: 0.4705 / 0.5005 / 0.5305 / 0.5605 / 0.5905
Stop: 0.3705
Fair warning though — that entry zone is about 13% wide, and your stop sits below the bottom of it. Where you actually enter completely changes the math. Buy near 0.3905 and TP1 gives you roughly 20% with about 5% risk. Buy near 0.4405 and it's 7% upside against 16% risk on the same target.
Same setup, totally different trade depending on your fill. Pick your level deliberately instead of market buying the middle of the range. 👊#BR #GrayscaleAndRepublicLaunchThreeCryptoFunds #ElSalvadorBitcoinHoldingsSurpass7800BTC
It's testing the 0.4405 – 0.3905 support range. If buyers actually defend this area, it can rotate up toward 0.4705 and beyond.
Long entry: 0.4405 – 0.3905
Targets: 0.4705 / 0.5005 / 0.5305 / 0.5605 / 0.5905
Stop: 0.3705
Fair warning though — that entry zone is about 13% wide, and your stop sits below the bottom of it. Where you actually enter completely changes the math. Buy near 0.3905 and TP1 gives you roughly 20% with about 5% risk. Buy near 0.4405 and it's 7% upside against 16% risk on the same target.
Same setup, totally different trade depending on your fill. Pick your level deliberately instead of market buying the middle of the range. 👊#BR #GrayscaleAndRepublicLaunchThreeCryptoFunds #ElSalvadorBitcoinHoldingsSurpass7800BTC