Is BTR about to extend its daily slide?

🔮 SHORT $BTR /USDT: expecting price to go DOWN
Bias: SHORT · Strong

Entry: 0.0489801 – 0.0491399
TP1: 0.0475265 (-3.1%)
TP2: 0.0465041 (-5.2%)
TP3: 0.0449706 (-8.3%)
SL: 0.0511047 (+4.2%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.

Why SHORT? 6/12 signals agree, 0 against.
‱ Daily trend down (below EMA50 & EMA200)
‱ 4h trend down (below EMA50 & EMA200)
‱ Sellers are driving the move (15m ADX 26.2)

Q: Why short when the 1h trend is mixed?
A: The daily trend shows a bearish stack that outweighs 1h uncertainty.

Q: What makes this invalidation level the right stop?
A: The entry high is 0.0491399 and the stop sits at 0.0511047.

Where would you set your invalidation on this trade?

Full setup on the chart below.

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.