【$BIRB Signal】Empty Position Waiting for Health Reset

After experiencing a massive surge on the 4H timeframe, the price is now oscillating violently at high levels and forming a potential top structure. The latest candlestick shows the price sharply falling from a high of 0.2955 back down to around 0.252, accompanied by increased volume, indicating profit-taking from earlier positions. The current funding rate of -0.13% suggests bearish sentiment is beginning to accumulate, but the order book depth is extremely thin (the top three bid and ask levels total less than 2000U), market liquidity is exhausted, and large orders can easily trigger violent fluctuations.

🎯Direction: Short $BIRB NoPosition(

The current market does not present a high-probability trading setup. The first deep correction after a sharp rise is usually accompanied by intense volatility. It’s necessary to wait until the price shows clear absorption behavior or structure at key support levels (such as the 0.245-0.235 range) to determine whether it’s a healthy reset or a trend reversal. In such a market with very thin liquidity, any entry is essentially gambling. Be patient and wait for the market to provide clearer signals of supply and demand balance.

Trade here 👇 )
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