BTW/USDT SHORT
Trade Plan
Entry: 0.650 – 0.675
Stop Loss: 0.710
TP1: 0.600
TP2: 0.560
TP3: 0.523
BTW has already exploded more than 60% in 24 hours, reaching 0.77888, and is now showing rejection. Price is also below both MA(7) 0.66948 and MA(25) 0.66339. Rather than chasing the short at 0.633, the better setup is waiting for a bounce into 0.650–0.675 and watching for rejection. Because volatility is extreme, use smaller position size. A sustained break above 0.710 invalidates the setup.
$BTW
Trade Plan
Entry: 0.650 – 0.675
Stop Loss: 0.710
TP1: 0.600
TP2: 0.560
TP3: 0.523
BTW has already exploded more than 60% in 24 hours, reaching 0.77888, and is now showing rejection. Price is also below both MA(7) 0.66948 and MA(25) 0.66339. Rather than chasing the short at 0.633, the better setup is waiting for a bounce into 0.650–0.675 and watching for rejection. Because volatility is extreme, use smaller position size. A sustained break above 0.710 invalidates the setup.
$BTW