True accumulation often happens after a divergence, but the current divergence around $BTW is a difference in pace among the bears, not a difference in direction. Look at the four-hour chart: the price has remained below the moving averages, and the bearish EMA50/EMA200 alignment has not changed. The one-hour rebound has also been on declining volume, which shows that buyers can't sustain it.
We should trade in line with the broader structure. A rebound into the resistance zone is actually a good opportunity to assess bearish momentum. I acknowledge the risk of a pullback when the price moves too far from the moving averages, but when the main trend is downward, a pullback gives bears room to act—it isn't a reversal signal.
🔴 Trade direction: Short
📍 Entry range: 0.6504015 – 0.6643867
🛑 Stop loss: 0.8673501
🎯 Take profit 1: 0.4999270
🎯 Take profit 2: 0.3949490
🎯 Take profit 3: 0.2374820
There's no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment leave an echo.
#BTW
Click below to trade 👇
We should trade in line with the broader structure. A rebound into the resistance zone is actually a good opportunity to assess bearish momentum. I acknowledge the risk of a pullback when the price moves too far from the moving averages, but when the main trend is downward, a pullback gives bears room to act—it isn't a reversal signal.
🔴 Trade direction: Short
📍 Entry range: 0.6504015 – 0.6643867
🛑 Stop loss: 0.8673501
🎯 Take profit 1: 0.4999270
🎯 Take profit 2: 0.3949490
🎯 Take profit 3: 0.2374820
There's no need to chase the prevailing trend; it will come to you.
Stand alongside Sister Li, and let every moment leave an echo.
#BTW
Click below to trade 👇