$BIRB /USDT – 1H Analysis
Price is in a clear short-term downtrend after the spike to ~0.30. We’re printing lower highs and lower lows, trading below the 9 EMA, which is acting as dynamic resistance. RSI is drifting toward the lower zone (weak momentum), and MACD is bearish with expanding red histogram — sellers still in control.
Current level (~0.229) is near local support (24h low ~0.2256). No confirmed reversal structure yet.
🔴 A+ Short Continuation Setup (Trend-Following)
Wait for a weak bounce into EMA / minor resistance.
📍 Entry (Short): 0.235 – 0.240
🛑 SL: 0.252 (above lower high structure)
🎯 TP1: 0.225
🎯 TP2: 0.210
🎯 TP3: 0.200 (if momentum expands)
R:R improves significantly if entry is closer to 0.238–0.240.
🟢 Counter-Trend Long (Only If Reversal Confirmed)
Only if strong 1H bullish engulfing forms at 0.225–0.228 with RSI bounce + MACD flattening.
📍 Entry (Long): After bullish confirmation above 0.233
🛑 SL: 0.222
🎯 TP1: 0.245
🎯 TP2: 0.260
Bias: Bearish until price reclaims 0.250 with strength.
Best edge = short the bounce, not catching the falling knife.
Trade $BIRB here
#MarketRally #BIRB