Just launched the PUMP strategy—we’ve already been quietly taking a bite. Since the incremental capital hasn’t entered yet, at position $BTW I’d rather stand on the trap side. Everyone keeps watching the big daily range, but the real engine is the four-hour chart—the direction is still heading downward.
Short-term indicators are indeed oversold, but in a strong trend, oversold can get even more oversold. That’s not a reason to bottom-pick. Price has been repeatedly testing around the reference area, and each rebound is getting weaker—this shows that the selling pressure hasn’t fully released yet. My logic is simple: as long as the resistance level isn’t broken, I’ll maintain a bearish stance, waiting for the market to choose its direction, rather than catching a falling knife early.
🔴 Trading Direction: Short
📍 Entry Range: 0.3587306 – 0.3632971
🛑 Stop Loss: 0.4272006
🎯 Take Profit 1: 0.3113738
🎯 Take Profit 2: 0.2782805
🎯 Take Profit 3: 0.2286404
Great insight lies hidden in calm waters; the market’s rise and fall is met with composure.
Join up with Sister Fei and read the wealth tide together.
#BTW
Click below to trade 👇
Short-term indicators are indeed oversold, but in a strong trend, oversold can get even more oversold. That’s not a reason to bottom-pick. Price has been repeatedly testing around the reference area, and each rebound is getting weaker—this shows that the selling pressure hasn’t fully released yet. My logic is simple: as long as the resistance level isn’t broken, I’ll maintain a bearish stance, waiting for the market to choose its direction, rather than catching a falling knife early.
🔴 Trading Direction: Short
📍 Entry Range: 0.3587306 – 0.3632971
🛑 Stop Loss: 0.4272006
🎯 Take Profit 1: 0.3113738
🎯 Take Profit 2: 0.2782805
🎯 Take Profit 3: 0.2286404
Great insight lies hidden in calm waters; the market’s rise and fall is met with composure.
Join up with Sister Fei and read the wealth tide together.
#BTW
Click below to trade 👇