$BTW Overhead Supply Heavy... Bearish Pressure Accelerating...
$BTW — SHORT
TPs: 2.2000 | 2.0500 | 1.9000
Stoploss: 2.7000
Why this setup?
Because $BTW is encountering strong distribution and drifting lower after failing to sustain its advance past the 2.68880 ceiling. Checking the metrics, the MACD points to expanding bearish momentum with DIF at 0.03581, DEA at 0.05808, and MACD at -0.02227, while the RSI(6) at 39.84 demonstrates that buyer participation has faded following the peak rejection. With sellers firmly driving the trend, further downward continuation is anticipated.
Trade here ⬇️
$BTW — SHORT
TPs: 2.2000 | 2.0500 | 1.9000
Stoploss: 2.7000
Why this setup?
Because $BTW is encountering strong distribution and drifting lower after failing to sustain its advance past the 2.68880 ceiling. Checking the metrics, the MACD points to expanding bearish momentum with DIF at 0.03581, DEA at 0.05808, and MACD at -0.02227, while the RSI(6) at 39.84 demonstrates that buyer participation has faded following the peak rejection. With sellers firmly driving the trend, further downward continuation is anticipated.
Trade here ⬇️