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$BR Strong Downtrend, No Reversal Yet
๐ฅ Heavy Sell Pressure Dominating
After topping near 0.1277, BR has been in a clean downtrend with continuous lower highs and strong bearish candles.
๐ Market Structure Insight
Clearly bearish. No signs of structure shift yet โ price is still making new lows and failing to hold any bounce.
๐ก Key Insight:
In strong downtrends, trying to catch bottoms is risky โ better to wait for a confirmed reclaim or trend break.
๐ฏ Trade Levels:
Bounce Entry (High Risk): 0.110 โ 0.112
Stop Loss: Below 0.108
Target 1: 0.115
Target 2: 0.118
โ ๏ธ Key Levels:
0.110 โ Immediate support (currently testing)
0.118 โ Major resistance (trend flip zone)
If 0.110 breaks, expect continuation downside. Only reclaim above 0.118 starts shifting structure.
Are you attempting a risky bounce or waiting for clear reversal confirmation?