$BR Bounce into resistance, momentum starting to stall
Trading Plan Short $BR (max 10x)
Entry: 0.129 – 0.135
SL: 0.145
TP: 0.120
TP: 0.108
TP: 0.095
The bounce pushed price back into resistance, but strength is starting to fade around this area. Buyers attempted to regain control, though the follow-through is weakening and price action is becoming more choppy.
When a bounce fails to maintain momentum and gets rejected at resistance, it often signals exhaustion. This type of structure typically leads to another move lower as sellers step back in and take control.
BRUSDT
Perp
0.1313
+8.45%