$BTR, it seems, is not in a hurry to permanently move above $0.18 just yet. Several times already, the price has tried to establish itself above $0.17, but each time it met with a reverse reaction.
So for now, the pullback scenario remains in place: when the price returns to the $0.165–$0.171 range, a short can be considered with a first move toward $0.13, and if the downtrend continues—down to as low as $0.11.
After that, you can expect another response from buyers and an attempt to bounce. 😀
But be sure to manage risk: if the price confidently holds above the key upper zone, the decline scenario will no longer be relevant. The stop-loss is better placed above the level where the scenario is invalidated.
$BTR
So for now, the pullback scenario remains in place: when the price returns to the $0.165–$0.171 range, a short can be considered with a first move toward $0.13, and if the downtrend continues—down to as low as $0.11.
After that, you can expect another response from buyers and an attempt to bounce. 😀
But be sure to manage risk: if the price confidently holds above the key upper zone, the decline scenario will no longer be relevant. The stop-loss is better placed above the level where the scenario is invalidated.
$BTR