🔴 $BTW LOSING KEY MOVING AVERAGES AS SELLERS SEIZE INTRADAY MOMENTUM! 📉
Entry: 1.7416633 – 1.7647367 ⚡
Target: 1.5331939 🎯
Stop Loss: 2.0465414 ⚠️
📌 Price action has slipped beneath both the 50 and 200 EMAs on the 1H chart, handing immediate control back to the bears. 📊 Momentum readings reinforce the downward pressure, with the 4H RSI dipping to 39.6 alongside a weakening 1H reading at 42.2.
💡 Supply is currently dominating this range, making entries inside the pocket attractive with targets scaled down to 1.1665172. 💬 Are you taking the short side on this breakdown or waiting for a reclaim above the EMAs? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTW #ShortSetup #Altcoins #Trading #Bearish
🎯 🐻
Entry: 1.7416633 – 1.7647367 ⚡
Target: 1.5331939 🎯
Stop Loss: 2.0465414 ⚠️
📌 Price action has slipped beneath both the 50 and 200 EMAs on the 1H chart, handing immediate control back to the bears. 📊 Momentum readings reinforce the downward pressure, with the 4H RSI dipping to 39.6 alongside a weakening 1H reading at 42.2.
💡 Supply is currently dominating this range, making entries inside the pocket attractive with targets scaled down to 1.1665172. 💬 Are you taking the short side on this breakdown or waiting for a reclaim above the EMAs? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTW #ShortSetup #Altcoins #Trading #Bearish
🎯 🐻