$BREV /USDT – STRONG BEARISH CONTINUATION AFTER MAJOR BREAKDOWN 📉
Bearish Bias Dominates:
$BREV /USDT has experienced a sharp sell-off, dropping over 27%, confirming a strong bearish continuation. Price has broken below key support zones and is now consolidating near the 0.40 demand area, indicating weak buyer interest and strong selling pressure. Unless price reclaims broken resistances, the next move is likely further downside.
📌 Trade Setup (Short Position)
Short Entry Zone:
0.4150 – 0.4368 (pullback into resistance)
Targets (TP):
TP1: 0.3932
TP2: 0.3800
TP3: 0.3500 (extended target if panic selling continues)
Stop Loss (SL):
0.4585 (above key resistance & breakdown zone)
🔍 Technical Reasoning
Strong bearish momentum after rejection from 0.56 high
Multiple resistances stacked above price (0.4150 – 0.4585)
High volume on sell-off confirms distribution
No bullish structure or reversal signal yet on lower timeframes
🌍 Market Outlook
Overall sentiment for remains bearish in the short term. Any bounce is likely a dead-cat bounce unless price closes back above 0.46–0.48 with strong volume. Traders should prioritize sell-on-rallies until structure changes.
#BREVUSDT #CryptoAnalysis #BearishMarket #AltcoinTrading #PriceAction $BREV