$BR — Strong Selloff, Rebound Setup in Play!
Long $BR
• Entry: 0.1390 – 0.1410
• Stop Loss: 0.1325
Targets:
• TP1: 0.1479
• TP2: 0.1550
• TP3: 0.1715
After a heavy drop on the 1H timeframe, BRUSDT is now testing a major demand zone.
This kind of move often leads to either a sharp relief bounce or one final sweep before reversal.
Market Outlook
• Price has corrected aggressively from the 0.19 zone
• Buyers must defend the 0.1325 support
• A reclaim above 0.1479 can trigger a strong recovery move
• Volume spike on the selloff suggests volatility is still high
Trade Idea
Wait for confirmation around support before entering.
A clean bounce from this area could offer a strong risk-reward opportunity for bulls.
Bias: Bullish rebound only if support holds
Invalidation: 1H close below 0.1325
Trade $BR here
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