$BTW /USDT – SHORT
Trade Plan:
Entry: 0.660 – 0.685
SL: 0.735
TP1: 0.620
TP2: 0.560
TP3: 0.500
Why this setup?
Price has made a massive +80% move and is trading near the recent high of 0.77888.
RSI(6) is around 96.9, showing extremely overbought conditions.
A rejection from the 0.70–0.78 resistance zone could trigger a short-term correction.
If BTW breaks and holds above 0.735–0.78, the short setup becomes invalid.
Trade Plan:
Entry: 0.660 – 0.685
SL: 0.735
TP1: 0.620
TP2: 0.560
TP3: 0.500
Why this setup?
Price has made a massive +80% move and is trading near the recent high of 0.77888.
RSI(6) is around 96.9, showing extremely overbought conditions.
A rejection from the 0.70–0.78 resistance zone could trigger a short-term correction.
If BTW breaks and holds above 0.735–0.78, the short setup becomes invalid.