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【$BR Signal】Pullback for Long Entry, Mainline Support Intent Too Obvious
$BR 1H level just violently pulled back from 0.129, 4H Bollinger midline 0.1306 forming iron bottom. Order book buy orders stacked extremely thick at 0.1418-0.1420, selling pressure quickly absorbed. This pullback is typical bull-side shakeout, funding support intent completely exposed.
🎯 Direction: Long
⚡ Entry: 0.1397 - 0.1414 zone in batches
🛑 Stop Loss: Below 0.1362
🚀 Target 1: 0.1516
🚀 Target 2: 0.1568
🛡 ️Trade Management:
- Execution Strategy: Reduce position size by half at first target, move stop loss of remaining position up to cost price. If price fails to hold above 0.1450, consider early exit.
Position size stable at 47 million USD high level, price resisting selling pressure, this is not retail behavior. 1-hour RSI recovered from oversold zone 46, momentum beginning to repair. Upper 0.152-0.157 is previous dense trading zone, space completely opens after breakout. Risk/reward ratio close to 2:1, this trade worth setting up.
View live market 👇 $BR
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