【$BREV Signal】Short | Distribution Pattern After Explosive Volume Surge
$BREV After experiencing a single-day volume surge of over 40%, it formed a bearish engulfing pattern at a high level. The current price is testing the previous breakout support.
🎯 Direction: Short
🎯 Entry: 0.165 - 0.168
🛑 Stop Loss: 0.1725 ( Rigid stop loss, above the high of the 4H engulfing pattern )
🚀 Target 1: 0.155
🚀 Target 2: 0.142
Deep Logic: At the 4H level, a clear "Rise - Volume Increase - Stagnation" trilogy is presented. The last 4H candlestick has a huge volume but closes lower, and Taker Volume indicates active selling dominance, which is a typical sign of main force distribution. Open interest (OI) remains stable after the price spikes, rather than increasing synchronously, ruling out short-squeeze scenarios and confirming profit-taking by bulls. The current price is retesting 0.165 (previous breakout level and upper end of dense trading zone). If broken, support below is sparse, and a retest of 0.142 (starting platform) is a higher probability path. Negative funding rates suggest market sentiment has shifted to bearish.
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【$BREV Signal】Short | Distribution Pattern After Explosive Volume Surge
$BREV After experiencing a single-day volume surge of over 40%, it formed a bearish engulfing pattern at a high level. The current price is testing the previous breakout support.
🎯 Direction: Short
🎯 Entry: 0.165 - 0.168
🛑 Stop Loss: 0.1725 ( Rigid stop loss, above the high of the 4H engulfing pattern )
🚀 Target 1: 0.155
🚀 Target 2: 0.142
Deep Logic: At the 4H level, a clear "Rise - Volume Increase - Stagnation" trilogy is presented. The last 4H candlestick has a huge volume but closes lower, and Taker Volume indicates active selling dominance, which is a typical sign of main force distribution. Open interest (OI) remains stable after the price spikes, rather than increasing synchronously, ruling out short-squeeze scenarios and confirming profit-taking by bulls. The current price is retesting 0.165 (previous breakout level and upper end of dense trading zone). If broken, support below is sparse, and a retest of 0.142 (starting platform) is a higher probability path. Negative funding rates suggest market sentiment has shifted to bearish.
Trade here 👇 $BREV
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