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【$BR Signal】Bullish continuation, 1H Bollinger Band upper band test
$BR 1H Bollinger Band upper band at 0.1370 is close, MACD bars continue to expand, but order book sell depth ratio is 0.88, buy momentum slows down. 4H trend is upward, EMA20/50 are in a bullish alignment, funding rate is neutral at 0.005%. If it breaks through 0.1370 and stabilizes, the next resistance is directly at 0.1398.
🎯Direction: Long
⚡Entry/Order: 0.13655 (suggest placing orders within the recommended range)
🛑Stop Loss: 0.13539
🚀Target 1: 0.13881
🚀Target 2: 0.13984
🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Depth logic: The price has closed above EMA20 for two consecutive hours, 1H RSI at 64.8 is not overbought, leaving room for upward movement. However, there is clear short-term resistance around 0.1367, and a breakout requires volume support. The risk-reward ratio at this position is about 1.5, indicating a medium opportunity suitable for light position trading.
View real-time market 👇 $BR
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