$BTR Just Pumped Nearly 40%... What's Coming Next? 🔥
Guys, OI is around 163.3M and funding is +0.03384%. Leverage is still high, so another sharp move wouldn't surprise me.
The liquidation heatmap shows liquidity around $0.063-$0.067, with another zone near $0.071. Below, I'm watching $0.060, $0.058 and $0.055-$0.057.
Futures CVD is around -11.8M, while spot CVD is positive near +4.1M. Futures orderbook delta is +50.5K, but spot delta is -117.2K. Taker buys are 63.9M against 69.2M sells, so selling pressure hasn't disappeared.
24h futures flow is +$95.9K and spot flow is +$80.4K, but 1h futures flow is -$249.7K and spot flow is -$15K. That's why I'm still careful after the quick recovery.
$BTR dropped from $0.067 to $0.058 and bounced back toward $0.063 pretty fast and now around $0.061. Good recovery, guys, but I'm not convinced the dump is over yet. OI is high and buyers still need to prove they can hold the price.
I'm watching for a short if price bounces and gets rejected again. If it breaks higher and holds, I'll rethink the setup instead of forcing a trade.
Current entry: $0.0600-$0.0620
Recommended entry: $0.0635-$0.0650
Upper entry: $0.0655-$0.0670, only if price reaches this zone and rejects
TP1: $0.0550
TP2: $0.0500
TP3: $0.0450
SL: Above the rejection high.
Wait for a bounce into the entry zone and a red 15m candle close. If the next candle breaks its low and price fails to reclaim the zone, consider the short. If price holds above the zone, stay out.
And guys, if price breaks SL quickly, don't instantly assume the whole setup is invalid. Watch whether price quickly falls back below the zone and stays there. If it reclaims the zone and holds above it, the short setup is invalid. But never ignore or widen your SL hoping for a reversal - protect your capital first.
I'm looking for a quick scalp, not trying to catch every move. If the setup isn't clear, I'll skip it. Protect your capital first. ✅
Guys, OI is around 163.3M and funding is +0.03384%. Leverage is still high, so another sharp move wouldn't surprise me.
The liquidation heatmap shows liquidity around $0.063-$0.067, with another zone near $0.071. Below, I'm watching $0.060, $0.058 and $0.055-$0.057.
Futures CVD is around -11.8M, while spot CVD is positive near +4.1M. Futures orderbook delta is +50.5K, but spot delta is -117.2K. Taker buys are 63.9M against 69.2M sells, so selling pressure hasn't disappeared.
24h futures flow is +$95.9K and spot flow is +$80.4K, but 1h futures flow is -$249.7K and spot flow is -$15K. That's why I'm still careful after the quick recovery.
$BTR dropped from $0.067 to $0.058 and bounced back toward $0.063 pretty fast and now around $0.061. Good recovery, guys, but I'm not convinced the dump is over yet. OI is high and buyers still need to prove they can hold the price.
I'm watching for a short if price bounces and gets rejected again. If it breaks higher and holds, I'll rethink the setup instead of forcing a trade.
Current entry: $0.0600-$0.0620
Recommended entry: $0.0635-$0.0650
Upper entry: $0.0655-$0.0670, only if price reaches this zone and rejects
TP1: $0.0550
TP2: $0.0500
TP3: $0.0450
SL: Above the rejection high.
Wait for a bounce into the entry zone and a red 15m candle close. If the next candle breaks its low and price fails to reclaim the zone, consider the short. If price holds above the zone, stay out.
And guys, if price breaks SL quickly, don't instantly assume the whole setup is invalid. Watch whether price quickly falls back below the zone and stays there. If it reclaims the zone and holds above it, the short setup is invalid. But never ignore or widen your SL hoping for a reversal - protect your capital first.
I'm looking for a quick scalp, not trying to catch every move. If the setup isn't clear, I'll skip it. Protect your capital first. ✅