$BIRB is +32% today and just printed a textbook shakeout. Here's the setup 👇
Price climbed 61% from 0.06476 in 20 hours, hit 0.10423, then gave back 15% of the move. Plenty of people probably sold that dip.
0.09744 got swept and BIRB is just sitting there. Sellers had their chance and nothing happened.
The high at 0.10423 is still untouched, and I think price wants
$BIRB to go back for it. As long as 0.09744 holds I'm happy to be long. If it doesn't, I'm wrong and out.
📌 My BIRB trade: long from 0.09582, stop at 0.09162, target 0.10423 (+8.8%, 1:2)
📊 24h Vol: $93.9M | 24h Chg: +32.4% | Funding: -0.3723%
Higher from here or am I dreaming? 👇
Follow for daily chart breakdowns 🔔
Not financial advice. Manage your risk.
#BIRB #Analysis #Trading