$BTW - LONG 🟢
Entry: 1.0615 - 1.0854
Stop loss: 1.0190
First target: 1.1337
Second target: 1.1819
Market analysis:
Funding rates strongly indicate the possibility of a short squeeze, and it seems the drop to 0.95 was merely a liquidity hunt aimed at shaking weak traders out of the market.
Warning: Failure to hold the 1.07 support level could lead to a retest of the previous lows at 0.95.
Do not risk your entire capital, and use a position size appropriate for your account and risk management.
Entry: 1.0615 - 1.0854
Stop loss: 1.0190
First target: 1.1337
Second target: 1.1819
Market analysis:
Funding rates strongly indicate the possibility of a short squeeze, and it seems the drop to 0.95 was merely a liquidity hunt aimed at shaking weak traders out of the market.
Warning: Failure to hold the 1.07 support level could lead to a retest of the previous lows at 0.95.
Do not risk your entire capital, and use a position size appropriate for your account and risk management.
