$BIRB at a Critical Decision Zone, Breakout or Breakdown?
BIRB is currently trading at a crucial area on the 1H timeframe. The price has cooled off from the previous spike and is now compressing near an important structure zone. This is where smart money decisions usually take place.
Market Structure Breakdown
Major Supply Zone: 0.295, 0.300
This is a strong rejection area from past highs. Sellers defended this zone vigorously.
Supply Zone: 0.255, 0.265
This is short-term resistance where the price previously struggled to hold.
Decision Zone: 0.228, 0.235
This is the current