🔥 $BTW — Bearish Setup Is Back on Watch
$BTW is sitting at a level where a rejection could trigger a much deeper retracement. I’m watching the $0.9528 area for the short rather than chasing the move lower.
SHORT $BTW
Entry: $0.9528
SL: $1.2098
TP1: $0.7500
TP2: $0.5000
TP3: $0.3000
The idea is simple: if sellers defend the entry zone and momentum starts rolling over, the downside targets come into focus one by one. A sustained move above $1.2098 would invalidate the bearish thesis.
Wait for rejection/confirmation before entering — no need to force the trade.
Short $BTW — manage risk and stay disciplined.
#CanaryFilesAmendedS1ForPEPEETF #SECProposesCryptoCustodyRules #SECApproves3xLongCryptoCommodityETPs #GreekPoliceBustCryptoScamRingArrest17
$BTW is sitting at a level where a rejection could trigger a much deeper retracement. I’m watching the $0.9528 area for the short rather than chasing the move lower.
SHORT $BTW
Entry: $0.9528
SL: $1.2098
TP1: $0.7500
TP2: $0.5000
TP3: $0.3000
The idea is simple: if sellers defend the entry zone and momentum starts rolling over, the downside targets come into focus one by one. A sustained move above $1.2098 would invalidate the bearish thesis.
Wait for rejection/confirmation before entering — no need to force the trade.
Short $BTW — manage risk and stay disciplined.
#CanaryFilesAmendedS1ForPEPEETF #SECProposesCryptoCustodyRules #SECApproves3xLongCryptoCommodityETPs #GreekPoliceBustCryptoScamRingArrest17
