#bedrock $BR
Looking at the BRUSDT Perpetual chart on a 5-minute timeframe, I can give you a general technical opinion (not financial advice):
📈 Bullish aspects
We've seen a strong bounce from 0.11406.
The short-term moving averages (MA7 and MA25) are pointing upwards.
The price has reclaimed the 0.1165 - 0.1167 zone with good momentum.
Volume increased during the rise.
⚠️ Cautionary aspects
The last candlestick shows rejection near 0.11755, indicating that there are sellers in that area.
The MA99 (purple line) is acting as resistance around 0.1167 - 0.1168.
After a quick rise, we often see pullbacks before continuing.
🎯 Levels I'm watching
Resistance: 0.11755 and then 0.1190.
Support: 0.1162 and 0.1154.
💡 If I were already in a Long position, I’d keep an eye on not losing 0.1162. If it breaks and holds above 0.11755 with volume, it would have a higher chance of continuing to rise.
Looking at the BRUSDT Perpetual chart on a 5-minute timeframe, I can give you a general technical opinion (not financial advice):
📈 Bullish aspects
We've seen a strong bounce from 0.11406.
The short-term moving averages (MA7 and MA25) are pointing upwards.
The price has reclaimed the 0.1165 - 0.1167 zone with good momentum.
Volume increased during the rise.
⚠️ Cautionary aspects
The last candlestick shows rejection near 0.11755, indicating that there are sellers in that area.
The MA99 (purple line) is acting as resistance around 0.1167 - 0.1168.
After a quick rise, we often see pullbacks before continuing.
🎯 Levels I'm watching
Resistance: 0.11755 and then 0.1190.
Support: 0.1162 and 0.1154.
💡 If I were already in a Long position, I’d keep an eye on not losing 0.1162. If it breaks and holds above 0.11755 with volume, it would have a higher chance of continuing to rise.