$BTW dropped significantly from its $2.75 peak down to $1.63, delivering over 115% gains for short sellers who timed the market structure crack.
While late buyers faced losses near the top, disciplined traders profited from heavily skewed risk-to-reward ratios as momentum snapped.
Current Market Structure
Distribution Peak: Failed to sustain momentum near $2.75.
Current Floor: Price tumbling toward the $1.63 level.
Execution entry: Short positions established around 1.9887.
Are you looking to trade a relief bounce here, or are you planning to hold for deeper targets?#BTW
While late buyers faced losses near the top, disciplined traders profited from heavily skewed risk-to-reward ratios as momentum snapped.
Current Market Structure
Distribution Peak: Failed to sustain momentum near $2.75.
Current Floor: Price tumbling toward the $1.63 level.
Execution entry: Short positions established around 1.9887.
Are you looking to trade a relief bounce here, or are you planning to hold for deeper targets?#BTW