BREV 15-Minute Trend Analysis



The current quote is at 0.4081, a decline of nearly 11%. The bearish trend is still ongoing, and the technical analysis has completed 48 candlesticks.

From the support levels, the lower supports are distributed at 0.4014, 0.3306, and 0.3150. The resistance zone upward is quite clear—0.4084 to 0.4157 is the key resistance band, and above that is the 0.4200 threshold.

From an operational perspective, the price is still below the trend line, which provides an opportunity to short on rallies. Consider entering short positions in the 0.4084-0.4157 area, with a stop-loss placed safely above 0.4170. The target is to capitalize on the downward movement.

However, be aware of a risk point: the MACD histogram shows positive signals, indicating that the rebound energy is accumulating. If the price breaks through 0.4165, it is very likely to reverse quickly toward around 0.4500, so watch out for such rapid reversals.
BREV0.56%
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