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【$BRUSDT】Don't be fooled, here are the real data
$BRUSDT RSI skyrocketed to 83.85, the 4-hour price has broken through the Bollinger Band upper rail, obvious signs of overheated buying pressure. Regular fluctuation period during the session, price surged higher but the latest 1-hour trading volume shrunk nearly 70% compared to the previous massive bullish candle, severe divergence between price and volume, get out quick. MACD dual lines are expanding, but the histogram has started to flatten, lacking follow-up momentum for bulls. Selling orders above form a dense resistance zone around 0.0870, fund support intention is evident around 0.0865, but overall buying depth is insufficient. At this position the risk-reward ratio is already imbalanced, chasing highs means taking over the position.
Direction: Empty position
Short entry zone: 0.0878 - 0.0884
Stop loss: 0.0895
Target 1: 0.0820
Target 2: 0.0780
Trade management: After the limit order is filled, if price quickly breaks below 0.0850, you can move stop loss to break-even, risk-free profit from the downside space.
View live market 👇 $BRUSDT
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