$BR Technical Overview
๐ Daily Chart (1D):
Trend still under bearish control.
Price is consistently below MA25 (0.04691) โ acting as strong dynamic resistance.
MA7 (0.04386) is trying to support the price, but the recovery attempts are getting rejected quickly.
Local support at 0.04210 holding well for now โ key level to watch.
๐ Unless we reclaim and close above 0.047, the structure remains weak. A break below 0.042 could lead to fresh lows.
โฑ 15-Min Chart: Short-Term Action
Sharp wick to 0.04751 was a liquidity grab โ followed by an immediate sell-off.
Price has now dropped below MA7, MA25, and MA99.
Barely holding the MA200 (0.04498) โ last defense for bulls.
If MA200 breaks, we could see a flush toward 0.0434 โ 0.0430 intraday.
๐ฏ Key Levels:
๐ด Support: 0.04210 | 0.04350 (short-term)
๐ก Resistance: 0.04690 | 0.04750
๐ข MA200 on 15m = crucial line in the sand
๐ Conclusion:
Daily trend = bearish below MA25
15m chart = weak bounce, breakdown risk if 0.045 fails
๐ Bullish reversal only above 0.0475 with volume
Stay cautious โ donโt catch falling knives.