Genny Cruz
--
صاعد
Did you see that massive vertical wick on $BREV
?
That 400% jump from 0.075 to 0.45 in a single hour is actually insane. We are currently seeing some cooling off around 0.38 as the market tries to figure out if this move has legs or if it was just a massive spike and dump.
The candle bodies are staying relatively thick near the top for now, which is a decent sign, but chasing a 400% green candle is how accounts get blown. I'm looking at the 0.30 area as the first real spot where it might try to form a base if we pull back further.
Order book is skewed heavily toward the buy side at 76%, but that could just be people FOMOing in late. I’d be very careful here until a clear consolidation pattern forms above 0.35.
If this holds the 0.38 level for a few more candles, we might see another leg, but the risk to reward is definitely getting tight.
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{spot}(BREVUSDT)
?
That 400% jump from 0.075 to 0.45 in a single hour is actually insane. We are currently seeing some cooling off around 0.38 as the market tries to figure out if this move has legs or if it was just a massive spike and dump.
The candle bodies are staying relatively thick near the top for now, which is a decent sign, but chasing a 400% green candle is how accounts get blown. I'm looking at the 0.30 area as the first real spot where it might try to form a base if we pull back further.
Order book is skewed heavily toward the buy side at 76%, but that could just be people FOMOing in late. I’d be very careful here until a clear consolidation pattern forms above 0.35.
If this holds the 0.38 level for a few more candles, we might see another leg, but the risk to reward is definitely getting tight.
#WriteToEarnUpgrade
{spot}(BREVUSDT)
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
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