After a sudden move, don’t rush to chase it. The setup for $BTR is actually quite clear—both the daily and four-hour charts are capped below the moving averages. The rebound may look lively, but underneath, it’s still just a weak recovery. You might be wondering: after such a big drop, can we still short? In my view, as long as the four-hour structure hasn’t reversed, a bounce back into the resistance zone is actually a more comfortable place to enter.
The one-hour chart is oversold, so a bounce is certainly possible. No need to panic—we can wait for the bounce to play out and see whether it finds enough support. If buyers can’t hold it up and the moving averages are still overhead, the odds still favor a move lower. Staying disciplined with your timing matters more than anything.
🔴 Trade direction: Short
📍 Entry range: 0.0443275 – 0.0444759
🛑 Stop loss: 0.0457481
🎯 Take profit 1: 0.0433919
🎯 Take profit 2: 0.0427187
🎯 Take profit 3: 0.0417089
There’s no need to chase the prevailing trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#BTR
Click below to trade 👇
The one-hour chart is oversold, so a bounce is certainly possible. No need to panic—we can wait for the bounce to play out and see whether it finds enough support. If buyers can’t hold it up and the moving averages are still overhead, the odds still favor a move lower. Staying disciplined with your timing matters more than anything.
🔴 Trade direction: Short
📍 Entry range: 0.0443275 – 0.0444759
🛑 Stop loss: 0.0457481
🎯 Take profit 1: 0.0433919
🎯 Take profit 2: 0.0427187
🎯 Take profit 3: 0.0417089
There’s no need to chase the prevailing trend; it will come to you in time.
Stand alongside Sister Li, and let every moment resonate.
#BTR
Click below to trade 👇