The market is often at its quietest before a breakout. $BTR is in that state now. Think about it the other way around: each rebound is weaker than the last, and all the moving averages are overhead, weighing on the price. This isn’t the bulls building momentum; the bears are setting the pace. The four-hour structure is bearish, and the daily and hourly charts point in the same direction. Although some indicators are still at odds, let’s look at the price action itself: the price simply can’t move higher. Every time it bounces, volume fails to follow, which shows that buyers aren’t stepping in.
A key support level is nearby, and there’s plenty of room to fall if it breaks. Keep your position size small when trading at levels like this, and don’t get greedy. The moving averages will act as resistance if the price rebounds toward them.
🔴 Trading direction: Short
📍 Entry range: 0.0435421 – 0.0436705
🛑 Stop loss: 0.0450198
🎯 Take profit 1: 0.0425462
🎯 Take profit 2: 0.0418394
🎯 Take profit 3: 0.0407792
There’s no need to chase the trend; the winds of opportunity will settle in on their own.
Stand shoulder to shoulder with Sister Li, and let every moment leave an echo.
#BTR
Tap below to trade 👇
A key support level is nearby, and there’s plenty of room to fall if it breaks. Keep your position size small when trading at levels like this, and don’t get greedy. The moving averages will act as resistance if the price rebounds toward them.
🔴 Trading direction: Short
📍 Entry range: 0.0435421 – 0.0436705
🛑 Stop loss: 0.0450198
🎯 Take profit 1: 0.0425462
🎯 Take profit 2: 0.0418394
🎯 Take profit 3: 0.0407792
There’s no need to chase the trend; the winds of opportunity will settle in on their own.
Stand shoulder to shoulder with Sister Li, and let every moment leave an echo.
#BTR
Tap below to trade 👇