🚀 $BR | SHORT SETUP
🎯 Trade Plan:
Entry: 0.10984 – 0.11034
TP1: 0.10826 (+1.61%)
TP2: 0.10703 (+3.11%)
TP3: 0.10520 (+4.87%)
Stop Loss: 0.11254 (-2.16%)
📊 Technical Analysis:
Observing the candlestick chart shows that the price of $BR is showing signs of weakness around the resistance zone of 0.11009. The RSI indicator on the 15-minute timeframe is trending downwards, indicating that negative momentum is increasing.
Combined with the overall downtrend on the 4-hour chart, the current price position just below the 1-hour reference level creates a potential short entry point. The price moving against the crowd as it drops towards TP1 is a notable signal.
Trade $BR now by clicking on the chart below 👇
🎯 Trade Plan:
Entry: 0.10984 – 0.11034
TP1: 0.10826 (+1.61%)
TP2: 0.10703 (+3.11%)
TP3: 0.10520 (+4.87%)
Stop Loss: 0.11254 (-2.16%)
📊 Technical Analysis:
Observing the candlestick chart shows that the price of $BR is showing signs of weakness around the resistance zone of 0.11009. The RSI indicator on the 15-minute timeframe is trending downwards, indicating that negative momentum is increasing.
Combined with the overall downtrend on the 4-hour chart, the current price position just below the 1-hour reference level creates a potential short entry point. The price moving against the crowd as it drops towards TP1 is a notable signal.
Trade $BR now by clicking on the chart below 👇