đš $BTW SHORT SETUP
Iâm looking at a BIG SHORT on $BTW here.
Entry: $1.5826
TP: $1.42
SL: $1.69
$BTW has been pushing higher aggressively, but Iâm not convinced this rally is sustainable.
Funding conditions appear stretched, and the downside liquidity around $1.42â$1.38 makes that zone worth watching. If bullish momentum starts fading, late buyers could come under pressure, potentially triggering a pullback toward those levels.
The key is whether buyers can maintain control or sellers step in and push price lower. If momentum shifts, the downside move could develop quickly.
Bearish setup, but confirmation matters. A strong continuation upward could invalidate the short idea.
Trade smart and manage your risk. DYOR. đđ»
#BTW #CryptoTrading #BÄ°NANCE
Iâm looking at a BIG SHORT on $BTW here.
Entry: $1.5826
TP: $1.42
SL: $1.69
$BTW has been pushing higher aggressively, but Iâm not convinced this rally is sustainable.
Funding conditions appear stretched, and the downside liquidity around $1.42â$1.38 makes that zone worth watching. If bullish momentum starts fading, late buyers could come under pressure, potentially triggering a pullback toward those levels.
The key is whether buyers can maintain control or sellers step in and push price lower. If momentum shifts, the downside move could develop quickly.
Bearish setup, but confirmation matters. A strong continuation upward could invalidate the short idea.
Trade smart and manage your risk. DYOR. đđ»
#BTW #CryptoTrading #BÄ°NANCE