📉 $BIRB /USDT: A Hidden Bearish Signal You Can't Ignore! 🚨
While most traders are distracted, the 4-hour chart for $BIRB is flashing a textbook "Sell" signal. We've identified a strong rejection at the resistance zone, suggesting that the upside momentum is exhausted for now.
Why are we Bearish?
• Technical Rejection: Price is struggling to hold its ground at the key 4H entry zone ($0.1933-$0.1951).
• Weak RSI: On the lower timeframes (15m), the RSI is sitting at a weak 36.55, indicating a high probability of a further slide.
• Supply Pressure: With ongoing vesting unlocks and weak NFT sector sentiment, the path of least resistance remains downward.
The Game Plan:
• Entry Range: $0.1932 – $0.1951
• Stop Loss (SL): $0.1997 (Protect your trade! 🛑)
• Take Profit Targets:
🎯 TP1: $0.1886
🎯 TP2: $0.1868
🎯 TP3: $0.1831
The Debate: Is this a high-probability short, or will the daily support trigger a squeeze? The data suggests the bears are in control for now! 🐻👇
#BIRB #CryptoTrading #BinanceSquare #TechnicalAnalysis #ShortSignal
click here to trade👇👇
