📉 $BIRB /USDT: Bears Gaining Control? 📉
$BIRB is showing some serious cracks. After a massive rally following its recent launch and exchange listings, the hype is cooling off. It’s currently struggling below key moving averages, and the disappointment over the 24-month vesting schedule for NFT holders has created some heavy sell pressure. 🧱
📉 The Short Setup
🔹 Entry Zone: 0.23800 – 0.24300 🎯
🔹 Stop Loss: 0.25200 🛡️
💰 Take Profit Targets
1️⃣ TP1: 0.22800
2️⃣ TP2: 0.22200
3️⃣ TP3: 0.21650 📉
🔍 Market Sentiment
* Technical View: Failing to hold the recent highs suggests the "blow-off top" might be in. If $BIRB can't reclaim the 0.250 level, gravity will likely take over.
* The Danger Zone: A drop below 0.230 could accelerate the slide toward your final target of 0.2165 as stale longs begin to exit. 🚪🏃♂️
#BIRB #CryptoAnalysis #ShortTrade #TradingSignals #MarketCorrection
