INVEST IN $BREV ????
Today I explain why you should NOT buy now!
1️⃣ Huge weekly candle (violent pump)
That green candle indicates:
very rapid increase
FOMO
entry of many late buyers
📌 Statistically, after such movements:
the price does not continue to rise vertically, it enters a correction or consolidates. (so it can experience a negative drop)
2️⃣ Price near all-time highs
Currently BREV is:
very far from the low (0.07)
has not yet created solid supports
👉 Buying near all-time highs => high risk / low return
3️⃣ Those who bought low are already in strong profit
This means-->many may start selling
a small trigger is enough to cause a rapid dump.
When would it make more sense to buy
🔵 BETTER SCENARIO (safer)
👉 Wait for a retracement
Key levels to watch (indicative):
0.35 – 0.30
or even better 0.25 – 0.20.
Make your own assessment and don't act on "sentiment"!
#brev
Today I explain why you should NOT buy now!
1️⃣ Huge weekly candle (violent pump)
That green candle indicates:
very rapid increase
FOMO
entry of many late buyers
📌 Statistically, after such movements:
the price does not continue to rise vertically, it enters a correction or consolidates. (so it can experience a negative drop)
2️⃣ Price near all-time highs
Currently BREV is:
very far from the low (0.07)
has not yet created solid supports
👉 Buying near all-time highs => high risk / low return
3️⃣ Those who bought low are already in strong profit
This means-->many may start selling
a small trigger is enough to cause a rapid dump.
When would it make more sense to buy
🔵 BETTER SCENARIO (safer)
👉 Wait for a retracement
Key levels to watch (indicative):
0.35 – 0.30
or even better 0.25 – 0.20.
Make your own assessment and don't act on "sentiment"!
#brev