On the 1H chart, $BTR is showing rejection after the previous bounce, while the recent candles are struggling to reclaim the 0.0290–0.0300 area. The structure is forming lower highs with sellers stepping in around resistance, while the latest bounce is still weak.
If price gets rejected from the current zone, the bearish move can continue toward 0.0270 first and then 0.0252. The short structure remains valid while price stays below the 0.0300–0.0310 resistance zone.
If price gets rejected from the current zone, the bearish move can continue toward 0.0270 first and then 0.0252. The short structure remains valid while price stays below the 0.0300–0.0310 resistance zone.
