BTW/USDT SHORT TRADE PLAN
Entry Zone: 0.5350 – 0.5550
Stop Loss: 0.5800
TP1: 0.5000
TP2: 0.4351
TP3: 0.3866
BTW has shown a strong rejection from the 0.77888 high and is now experiencing a sharp sell-off. Price has fallen below the MA(7) at 0.59033 and MA(25) at 0.63527, showing that short-term momentum has shifted decisively bearish.
The MA(99) sits around 0.53760, making the 0.5350–0.5550 region an important potential retest zone. Rather than chasing the current dump, the safer approach is to wait for price to bounce into this resistance area and look for bearish rejection.
If sellers remain in control, 0.5000 is the first downside objective. A confirmed break below that level can expose 0.4351, followed by the major support around the previous 0.3866 low.
$BTW
Entry Zone: 0.5350 – 0.5550
Stop Loss: 0.5800
TP1: 0.5000
TP2: 0.4351
TP3: 0.3866
BTW has shown a strong rejection from the 0.77888 high and is now experiencing a sharp sell-off. Price has fallen below the MA(7) at 0.59033 and MA(25) at 0.63527, showing that short-term momentum has shifted decisively bearish.
The MA(99) sits around 0.53760, making the 0.5350–0.5550 region an important potential retest zone. Rather than chasing the current dump, the safer approach is to wait for price to bounce into this resistance area and look for bearish rejection.
If sellers remain in control, 0.5000 is the first downside objective. A confirmed break below that level can expose 0.4351, followed by the major support around the previous 0.3866 low.
$BTW