$BTW is moving fast — this is where I would stop chasing and watch the reaction.
What stands out here is that the 1H move is -8.56%, open interest is down 5.9%, and volume is running about 2.2x its recent pace. That gives the move real context instead of treating every candle as a signal.
The multi-timeframe read is leaning bullish, and the current 4h structure agrees. That keeps the advantage with buyers for now.
The next test is around $0.77888. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Would you chase $BTW here, wait for the retest, or stay out?
#BTW #Trading
Trade plan: LONG
Entry: $0.67315
SL: $0.25824
TP1: $1.08806
TP2: $1.50297
TP3: $1.91787
What stands out here is that the 1H move is -8.56%, open interest is down 5.9%, and volume is running about 2.2x its recent pace. That gives the move real context instead of treating every candle as a signal.
The multi-timeframe read is leaning bullish, and the current 4h structure agrees. That keeps the advantage with buyers for now.
The next test is around $0.77888. A clean hold above that area would strengthen continuation; rejection there would make a pullback more likely.
Would you chase $BTW here, wait for the retest, or stay out?
#BTW #Trading
Trade plan: LONG
Entry: $0.67315
SL: $0.25824
TP1: $1.08806
TP2: $1.50297
TP3: $1.91787
