Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
BREV's recent trend looks quite pressured. After the 4-hour chart closed below 0.480 and then rebounded, the rebound seems somewhat weak, which usually indicates that selling pressure is still being released.
From the perspective of initial listing selling pressure and large holdings concentration, early unlocking may further increase downward pressure, which also explains why upward breakthroughs are so difficult.
From a technical standpoint, shorting opportunities are available at these levels: wait until it encounters resistance at 0.560 and pulls back, while confirming that the 4-hour closing price has already broken below 0.480, making it a more secure entry point. The first target is 0.440; if weakness continues, consider 0.420.
For risk control, stop-loss should be placed if the 4-hour close breaks above 0.560. If this line is effectively broken, it indicates a change in logic.