BR Rejects Key Resistance – Short Distribution
🔴 $BR - SHORT
Trade Plan:
Current Price: ~$0.14841
Entry Zone: 0.152 - 0.159
SL: 0.166
TP1: 0.140
TP2: 0.130
TP3: 0.120
Price has rejected a key resistance zone with a bearish engulfing candle and expanding sell volume, printing lower highs. Our Entry Zone at 0.152-0.159 captures the distribution area. The Stop Loss at 0.166 sits above the recent high. Downside targets at TP1 $0.140, TP2 $0.130, and TP3 $0.120 align with the next liquidity pools. This SHORT setup has high conviction because the volume climax on rejection and structure shift confirm distribution.
Will BR continue lower after this rejection?
Click below for trade 👇
DYOR & manage risk! $BR
🔴 $BR - SHORT
Trade Plan:
Current Price: ~$0.14841
Entry Zone: 0.152 - 0.159
SL: 0.166
TP1: 0.140
TP2: 0.130
TP3: 0.120
Price has rejected a key resistance zone with a bearish engulfing candle and expanding sell volume, printing lower highs. Our Entry Zone at 0.152-0.159 captures the distribution area. The Stop Loss at 0.166 sits above the recent high. Downside targets at TP1 $0.140, TP2 $0.130, and TP3 $0.120 align with the next liquidity pools. This SHORT setup has high conviction because the volume climax on rejection and structure shift confirm distribution.
Will BR continue lower after this rejection?
Click below for trade 👇
DYOR & manage risk! $BR