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【$BRUSDT】Don't get fooled, here's the real data
$BRUSDT Intraday normal fluctuation period, this consolidation is really messing with people's emotions. On the 4-hour level, MACD shows a golden cross above water but the histogram is contracting, showing signs of weakening bullish momentum. On the 1-hour level, price is repeatedly testing between the middle and lower bands of the Bollinger Bands, with dense sell orders hanging in the 0.0680 to 0.0682 zone above, forming short-term resistance. RSI at 68.3 is in the strong zone but not overheated, with extremely thick buy orders hanging in the 0.0677 to 0.0678 zone below, showing clear intent for funds to support the price. A risk-reward ratio of 4:1 is attractive, but be cautious as volume hasn't shown sustained expansion.
Can consider light long positions around the current price of 0.06785, with strict stops below 0.0633. First target at 0.0796, second target at 0.0862. If price holds above 0.0685, consider adding positions, move breakeven stops and let profits run.
Check real-time charts 👇 $BRUSDT
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