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【$BR Signal】Pullback to go long, 1H level charging for launch
$BR The 1H level is consolidating around 0.184, with buy-side depth imbalance reaching -51.10%, and selling pressure is significant. The 4H MACD histogram is still expanding, but the 1H histogram has started to contract, indicating a momentum shift approaching.
If the price can find support between 0.14439 and 0.18386, it presents a good opportunity for accumulation.
⚡Entry: Buy in stages within the 0.14439 - 0.18386 range.
🛑Stop loss: 0.13204, a break below this level indicates the bulls' defense line has failed.
🚀Target 1: 0.18462, close to the previous high resistance zone.
🚀Target 2: 0.18535, after breaking through, expect an inertial surge.
🛡️Trade management:
- Execution strategy: Take half profit at Target 1, move the remaining stop loss up to the cost basis. If the price cannot hold above the entry zone, proactively exit and observe.
The 4H Bollinger Band upper band is at 0.1865, close to the target level, and the first touch may face resistance. The 1-hour EMA50 at 0.1495 is a deeper defense line. Currently, open interest remains stable without panic selling, and funds are waiting for the next catalyst. Under this structure, the risk-reward ratio is favorable, with patience key at the entry point.
Check real-time market 👇 $BR
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