$BR – Testing Resistance, Momentum Fading
Trading Plan: Short $BR (Max 10x)
Entry: 0.134 – 0.142
Stop Loss: 0.152
Take Profit Targets:
TP1• 0.120
TP2• 0.105
TP3• 0.092
After a strong impulsive move to the upside, is now approaching a key resistance zone where momentum appears to be weakening. The initial push from buyers was aggressive, but follow-through has started to diminish, with price action becoming increasingly choppy.
Rather than showing signs of continuation, price is beginning to stall near resistance — a common signal that the move may be running out of strength. When an extended rally starts to lose momentum in this way, it often results in a pullback as sellers step in.
This setup favors a short position within the defined entry range, with clear risk management and multiple profit targets to capture downside if the rejection plays out.
Trade $BR here 👇
