$BTW is rebounding in price, but its structure has not recovered: buyers have managed to push the chart higher, but have not regained control
H1 closed at 1,6868, still below 1,9551, a level previously broken by a bearish candle with volume 5,72× the average of the previous 20 candles, while the latest rebound reached only 0,56× despite price touching 1,7518
According to Wyckoff, the 1,9551–2,1569 zone could be a distribution area ahead of the developing decline; according to SMC, the structure remains tilted bearish as long as the 2,1569 high remains unbroken.
The heatmap shows estimated liquidity at 1,80–1,84 above and 1,40–1,48 below, so a short squeeze could still occur before the market decides its next direction, while the 1,3000 low has not been broken again.
Bearish bias — no entry yet: will buyers reclaim the lost price zone, or is this low-volume rebound simply making early longs mistake sellers taking a breather for a reversal?
ONE CONDITIONAL SHORT MAP
Trigger: H1 close below 1.9551 — confirmed.
Entry: 1.9400–1.9600, ONLY after a future failed retest of the broken floor, with H1 bearish rejection closing back below 1.9551.
SL: 2.1700
TP1: 1.7937, the recovery high/potential support
TP2: 1.3000, the confirmed swing low
Midpoint: 1.9500
R:R: 0.71R / 2.95R, before fees and slippage.
H1 closed at 1,6868, still below 1,9551, a level previously broken by a bearish candle with volume 5,72× the average of the previous 20 candles, while the latest rebound reached only 0,56× despite price touching 1,7518
According to Wyckoff, the 1,9551–2,1569 zone could be a distribution area ahead of the developing decline; according to SMC, the structure remains tilted bearish as long as the 2,1569 high remains unbroken.
The heatmap shows estimated liquidity at 1,80–1,84 above and 1,40–1,48 below, so a short squeeze could still occur before the market decides its next direction, while the 1,3000 low has not been broken again.
Bearish bias — no entry yet: will buyers reclaim the lost price zone, or is this low-volume rebound simply making early longs mistake sellers taking a breather for a reversal?
ONE CONDITIONAL SHORT MAP
Trigger: H1 close below 1.9551 — confirmed.
Entry: 1.9400–1.9600, ONLY after a future failed retest of the broken floor, with H1 bearish rejection closing back below 1.9551.
SL: 2.1700
TP1: 1.7937, the recovery high/potential support
TP2: 1.3000, the confirmed swing low
Midpoint: 1.9500
R:R: 0.71R / 2.95R, before fees and slippage.