$BTW Short 10x | This only pays if supply keeps the level capped.
BTW has finally reached the zone I had marked for execution. I am already positioned, but the chart still has to confirm the short case.
Trade Plan:
- Entry: 0.51029 – 0.51227
- TP1: 0.50205 (R:R 1:0.7)
- TP2: 0.49589 (R:R 1:1.3)
- TP3: 0.48666 (R:R 1:2.0)
- SL: 0.52359
Why this setup?
- The short thesis holds on 4h, with price respecting 0.51029–0.51227 while the daily structure stays range-bound.
- 15m RSI at 74 still gives sellers room to push lower from an elevated reading, provided they defend the level.
- Volume is at 2.27x, with 463.22K traded against 203.64K expected, so participation is clearly behind the move.
Trade here 👇 and Do you take the short with supply still in control, or wait for buyers to prove they are early?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
BTW has finally reached the zone I had marked for execution. I am already positioned, but the chart still has to confirm the short case.
Trade Plan:
- Entry: 0.51029 – 0.51227
- TP1: 0.50205 (R:R 1:0.7)
- TP2: 0.49589 (R:R 1:1.3)
- TP3: 0.48666 (R:R 1:2.0)
- SL: 0.52359
Why this setup?
- The short thesis holds on 4h, with price respecting 0.51029–0.51227 while the daily structure stays range-bound.
- 15m RSI at 74 still gives sellers room to push lower from an elevated reading, provided they defend the level.
- Volume is at 2.27x, with 463.22K traded against 203.64K expected, so participation is clearly behind the move.
Trade here 👇 and Do you take the short with supply still in control, or wait for buyers to prove they are early?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
