Looking at the recent BREV market, it belongs to the classic weak consolidation trap that induces buying.



On the four-hour chart, the price peaked at 0.4244 and then showed no signs of recovery, continuing downward. The MACD red histogram is shrinking and is about to turn green. The RSI indicator is also not holding back; at 49.33, it is clearly declining with no momentum for a rebound. Looking above, the MA60 moving average is firmly pressing down at 0.4193, and the main force has no desire to push it up, making the signal unmistakably clear.

In this situation, the current price of 0.3893 is a good entry point for shorting. Set the stop-loss at the resistance level of 0.4000, and if it cannot break through, it confirms the weak trend. The target price is first set at 0.3700; if broken, it can continue towards 0.3600.

For trend traders, just hold patiently. Once the downtrend is confirmed, add to your position. Short-term traders should not chase high out of excitement; wait for the correction to complete and the trend to become clear before following up. That’s the way to make money.
BREV-3.96%
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GlueGuyvip
· 2h ago
It's the same old trick again, the main players are really on point. We still need to watch for more bullish signals; the bears haven't been fully confirmed yet. Whether the 0.4000 level can hold is crucial; if it's broken, I'll cut losses and exit. With RSI so weak, it's indeed a bearish sign, but don't go all-in, everyone. The MA60 is pressing down so hard, it feels like there's still room for a decline. Whether the 0.3700 level can be broken is a hurdle; we need clearer signals before taking action.
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BearMarketSunriservip
· 01-09 16:56
I've seen this trick too many times, trying to lure more buyers? I don't believe it. Wait until it breaks 0.36, don't rush to get in. Short-term chasing highs are all rookies; I've learned to be smarter. With the MA60 so strong, the main force really isn't trying to push it up, I admit. Shorting at 0.38? There's still some risk, everyone.
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GweiWatchervip
· 01-09 16:52
It's the same old trick again, always claiming a weak trap to lure buyers in, only to reverse and push the price up afterward.
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YieldHuntervip
· 01-09 16:41
tbh the macd setup here screams honeypot to me... like yeah the technicals look bearish on paper but have you actually calculated the risk-adjusted returns on this short? the liquidation cascade risk alone makes me nervous af
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RunWhenCutvip
· 01-09 16:39
Is this the same trick again? Are the big players still accumulating or are they really going to dump? This wave of BREV feels just like the last time, don’t get fooled into a short squeeze again. Enter a short position at 0.3893? I’m skeptical; if it rebounds and really breaks 0.4, it would be awkward. Signals are full of crap; there are plenty of times when the charts are deceptive. Let’s wait and see. Anyway, it’s already fallen so much, missing this move isn’t a big deal.
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IntrovertMetaversevip
· 01-09 16:36
It's the same old trick of诱多 again. I really got lured in by this round of BREV.
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