BREV's recent performance has attracted attention. The one-third drop the day before yesterday was quickly recovered, reflecting that the market makers have clear support actions—indicating that a significant decline is unlikely to occur in the near future. From a technical analysis perspective, the more probable scenario is a phased rally followed by profit-taking and distribution.



Currently, this entry point is relatively safe. The current circulating market cap is around one hundred million USD, and a continued increase doubling in size is entirely possible. But here’s a reminder: don’t think about going all-in at once; taking profits in batches is the most sustainable approach. Keep a close watch on the strength of the breakout and the trading volume, as these are the key indicators for judging the ceiling.
BREV-3.35%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned