$BTW — Short Setup
Entry: 0.345–0.355
Stop Loss: 0.372
TP1: 0.320
TP2: 0.300
TP3: 0.275
Short thesis: Strong rejection from 0.44 with sellers taking control. Price is now below the recent high zone, while the order book shows heavier ask pressure.
Invalidation: 4H close above 0.372.
Avoid chasing if price drops sharply. Wait for a weak retest of 0.345–0.355 before considering the short.
Entry: 0.345–0.355
Stop Loss: 0.372
TP1: 0.320
TP2: 0.300
TP3: 0.275
Short thesis: Strong rejection from 0.44 with sellers taking control. Price is now below the recent high zone, while the order book shows heavier ask pressure.
Invalidation: 4H close above 0.372.
Avoid chasing if price drops sharply. Wait for a weak retest of 0.345–0.355 before considering the short.