BTW is looking ripe for a short, with a sweet spot to get in right now. Price is hovering near a key level that could give us a nice pop to the downside.
๐ด $BTW SHORT ๐
Entry $0.178851-$0.179209 | SL $0.184401 (-3.0%) | TP1 $0.176345 (+1.5%) | TP2 $0.170078 (+5.0%) | R/R 1:1.7 | Conf 64%
We've got a few signals lining up for this BTW short, including a market structure break and volume confirming the direction. The fair value gap and order block overlap are also giving us a nice confluence to work with, making this setup look pretty juicy. Liquidity sweep is another plus, suggesting we could see a sharp move.
A 3.0% stop loss feels about right for this one, and I'd say 2x leverage is a good fit to maximize our potential return without overexposing ourselves.
When we hit TP1, it might be wise to take some profit off the table, just to lock in some gains and reduce our exposure a bit before letting the rest ride.
Not financial advice โ always manage your own risk ๐
$BTW #BTWUSDT #SMC #TradingSignals #Write2Earn
๐ด $BTW SHORT ๐
Entry $0.178851-$0.179209 | SL $0.184401 (-3.0%) | TP1 $0.176345 (+1.5%) | TP2 $0.170078 (+5.0%) | R/R 1:1.7 | Conf 64%
We've got a few signals lining up for this BTW short, including a market structure break and volume confirming the direction. The fair value gap and order block overlap are also giving us a nice confluence to work with, making this setup look pretty juicy. Liquidity sweep is another plus, suggesting we could see a sharp move.
A 3.0% stop loss feels about right for this one, and I'd say 2x leverage is a good fit to maximize our potential return without overexposing ourselves.
When we hit TP1, it might be wise to take some profit off the table, just to lock in some gains and reduce our exposure a bit before letting the rest ride.
Not financial advice โ always manage your own risk ๐
$BTW #BTWUSDT #SMC #TradingSignals #Write2Earn