đ $BTR
Market Outlook
đŽ $1.0997K long liquidation at $0.05017 adds another sell-side liquidity event around the same zone. BTR is currently around $0.05827, with a 24H range of $0.05197â$0.05837, so the $0.05017 area remains a major downside liquidity reference.
đ Trade Plan
Bias: LONG â confirmation required
Entry: $0.0565â$0.0580
TP1: $0.0605
TP2: $0.0640
TP3: $0.0680
SL: $0.0535
R:R: ~1:1.5 / 1:3.5
Trade Grade: B+
Trade Thesis:
Repeated long liquidations near $0.050â$0.051 suggest that zone is becoming a major liquidity pool. A sweep followed by reclaim of $0.0565â$0.0580, bullish CHOCH/BOS and volume expansion would support continuation.
â ïž Funding has been strongly positive recently, with several readings above 0.03% per 4 hours, meaning crowded longs remain a squeeze risk.
Risk: Wait for confirmation and don't chase the move.
Market Outlook
đŽ $1.0997K long liquidation at $0.05017 adds another sell-side liquidity event around the same zone. BTR is currently around $0.05827, with a 24H range of $0.05197â$0.05837, so the $0.05017 area remains a major downside liquidity reference.
đ Trade Plan
Bias: LONG â confirmation required
Entry: $0.0565â$0.0580
TP1: $0.0605
TP2: $0.0640
TP3: $0.0680
SL: $0.0535
R:R: ~1:1.5 / 1:3.5
Trade Grade: B+
Trade Thesis:
Repeated long liquidations near $0.050â$0.051 suggest that zone is becoming a major liquidity pool. A sweep followed by reclaim of $0.0565â$0.0580, bullish CHOCH/BOS and volume expansion would support continuation.
â ïž Funding has been strongly positive recently, with several readings above 0.03% per 4 hours, meaning crowded longs remain a squeeze risk.
Risk: Wait for confirmation and don't chase the move.