$BTW USDT Bearish Setup
$BTW has pumped hard, but I'm watching for a possible short opportunity. Don't FOMO into a long without confirmation, as a pullback could follow.
Why I'm Watching for a Short:
- Price made a sharp downside wick around $1.2450, showing strong volatility.
- The price faced rejection near the 24-hour high of $1.6985.
- If bearish momentum builds, $BTW could see a deeper pullback.
Trade Setup
Entry: Around $1.6315
Stop Loss: $1.9000
Take Profit Targets
TP1: $1.4500
TP2: $1.2500
TP3: $1.0000
$BTW has pumped hard, but I'm watching for a possible short opportunity. Don't FOMO into a long without confirmation, as a pullback could follow.
Why I'm Watching for a Short:
- Price made a sharp downside wick around $1.2450, showing strong volatility.
- The price faced rejection near the 24-hour high of $1.6985.
- If bearish momentum builds, $BTW could see a deeper pullback.
Trade Setup
Entry: Around $1.6315
Stop Loss: $1.9000
Take Profit Targets
TP1: $1.4500
TP2: $1.2500
TP3: $1.0000