Everyone Buys the Dip on BR – Here’s Why I Set a Sell Order Instead.
$BR / USDT - Sell
Trading Plan:
Entry: 0.14480 – 0.14500
Stop Loss: 0.14800
First Target: 0.14000
Second Target: 0.13600
Third Target: 0.13000
Why This Trade?
On the 4-hour timeframe, price is trading below the MA7 (0.14580) and struggling to hold above the MA25 (0.14483) and MA99 (0.14513) — and all of them are now forming a resistance cluster. Volume has dropped versus the 5-period average (136K vs 641K), confirming there is no real buying interest. The structure shows a sequence of lower highs, and with today’s low at 0.1344 as the eventual target, a breakdown toward 0.1400 and 0.1360 is the most likely outcome over the coming days.
Discussion: Will BR hold the 0.1448 level and bounce, or will it break down to 0.1360?
Click here to trade 👇
$BR / USDT - Sell
Trading Plan:
Entry: 0.14480 – 0.14500
Stop Loss: 0.14800
First Target: 0.14000
Second Target: 0.13600
Third Target: 0.13000
Why This Trade?
On the 4-hour timeframe, price is trading below the MA7 (0.14580) and struggling to hold above the MA25 (0.14483) and MA99 (0.14513) — and all of them are now forming a resistance cluster. Volume has dropped versus the 5-period average (136K vs 641K), confirming there is no real buying interest. The structure shows a sequence of lower highs, and with today’s low at 0.1344 as the eventual target, a breakdown toward 0.1400 and 0.1360 is the most likely outcome over the coming days.
Discussion: Will BR hold the 0.1448 level and bounce, or will it break down to 0.1360?
Click here to trade 👇