Traders were anticipating a support bounce near the 0.18500 level to maintain the previous consolidation range. However, the asset has broken down sharply and is currently searching for a floor near its 24h lows.
đ $BR Short Setup
âą Entry: 0.17202 â 0.17800
âą Targets: 0.17067 | 0.16500 | 0.15843
âą Stop Loss: 0.19062 (Above Parabolic SAR)
Why this is a Short:
The price is trending well below the Parabolic SAR, confirming a strong bearish phase following a 16.26% drop. With the RSI(6) at 23.47, the coin is in a "sell the bounce" state where downward pressure remains dominant despite being in the oversold region.
Not financial advice
BRUSDT
Perp
0.15687
+0.81%