🔴 $BTW/USDT – SHORT SETUP FAVORED
BTW is under selling pressure, with the price below the EMA50 and EMA200 on the 4H chart. The downtrend remains dominant, creating an opportunity for a deeper correction.
📉 SHORT plan:
⟶ Entry: 0.9933 – 0.9995
• TP1: 0.9443
• TP2: 0.9095
• TP3: 0.8574
⛔ SL: 1.0659
Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. After TP1, move the SL to the entry point to protect your capital.
⚠️ Confidence is only moderate, so favor smaller positions and strict risk management. Avoid entering without confirmation.