| $BR /USDT SHORT šØ
$BR is approaching a major resistance zone after a strong recovery from support. Price is currently testing the descending trendline resistance, which has rejected multiple bullish attempts. Unless buyers can secure a clean breakout, this area favors a bearish reaction toward lower support levels.
Trading Plan ā Short $BR
š Entry: 0.1000 ā 0.1012
š SL: 0.1019
šÆ TP1: 0.0985
šÆ TP2: 0.0970
šÆ TP3: 0.0959
ā”ļø Setup Reasons:
ā¢ Price rejected from key resistance zone
ā¢ Descending trendline acting as resistance
ā¢ Risk-to-reward favors shorts at current levels
ā¢ Previous support turned resistance
ā¢ Potential liquidity grab before downside continuation
š” A rejection from the trendline could trigger a move back toward the range lows, making this a high-probability resistance-based setup.