I noticed something interesting on $BTW a few hours ago đ±
There was clear selling coming in, but despite that, price still managed to pump and touch the $1.20 area. Since then, the momentum has started fading while open interest is also decreasing.
To me, thatâs a warning sign that this breakout could be a fakeout.
So Iâm opening a BIG SHORT on $BTW with 20x leverage.
Entry: Around $1.20
TP: $0.85
SL: $1.35 đđ»
If this pump really was a trap, Iâm expecting the late buyers to get flushed out next.
High-risk setup manage your position accordingly. Letâs see if $BTW gives us another clean move.
There was clear selling coming in, but despite that, price still managed to pump and touch the $1.20 area. Since then, the momentum has started fading while open interest is also decreasing.
To me, thatâs a warning sign that this breakout could be a fakeout.
So Iâm opening a BIG SHORT on $BTW with 20x leverage.
Entry: Around $1.20
TP: $0.85
SL: $1.35 đđ»
If this pump really was a trap, Iâm expecting the late buyers to get flushed out next.
High-risk setup manage your position accordingly. Letâs see if $BTW gives us another clean move.
