Technical Analysis ($BTW /USDT - 4h)
Market Structure: Bullish Contraction (Price action is making higher lows above the Moving Average).
Indicator: Price is holding above the MAs (purple/orange), which are acting as dynamic support.
Key Resistance: $2.4359 area.
Key Support: $1.3000 - $1.5000 area.
Trading Signal (Swing Long / Breakout)
Entry Zone: $2.3500 - $2.4000 (Or wait for a confirmed breakout and retest above $2.4359).
Take Profit (TP):
TP 1: $2.6500
TP 2: $2.9000
Stop Loss (SL): $2.1500 (Below the 4h MA support).
Risk/Reward Ratio: ~1:2.5.
Market Structure: Bullish Contraction (Price action is making higher lows above the Moving Average).
Indicator: Price is holding above the MAs (purple/orange), which are acting as dynamic support.
Key Resistance: $2.4359 area.
Key Support: $1.3000 - $1.5000 area.
Trading Signal (Swing Long / Breakout)
Entry Zone: $2.3500 - $2.4000 (Or wait for a confirmed breakout and retest above $2.4359).
Take Profit (TP):
TP 1: $2.6500
TP 2: $2.9000
Stop Loss (SL): $2.1500 (Below the 4h MA support).
Risk/Reward Ratio: ~1:2.5.