Entry Zone: $1.15–$1.20
Support: $1.10–$1.15
Resistance: $1.25 / $1.32
TP1: $1.25
TP2: $1.32
TP3: $1.40
Stop-Loss: $1.075
Setup: The $1.1938 long liquidation provides a key reference for the current demand area. BR has recently traded around the $1.04–$1.25 region, so reclaiming $1.20 would be important for bullish continuation.
Confirmation: Hold $1.15 and reclaim $1.22 with improving volume.
Invalidation: A decisive break below $1.075 cancels the setup.
My Take: The structure is attractive only with confirmation. Avoid chasing a sudden spike and keep leverage conservative.
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