📉 $BTW SHORT SETUP — BEARS STILL IN CONTROL!
$BTW continues to show a bearish structure, with lower highs forming at 2.75 → 2.68 → 2.53 → 2.52 and lower lows around 2.18 → 2.16.
The current bounce toward $2.25 may be a short-term recovery rather than a full trend reversal. Declining Open Interest also suggests weaker participation, so I’m watching the upper resistance zone for a potential short entry. Confirmation is important before entering. ⚠️
🔴 Preferred Trade: SHORT
📍 Entry Zone: $2.30 – $2.40
🛑 Stop Loss: Above $2.48
🎯 TP1: $2.16
🎯 TP2: $2.08
💡 Key Level to Watch: If price gets rejected from $2.30–$2.40, bearish momentum could continue toward the targets. A strong breakout above resistance would weaken this setup.
💬 Do you think $BTW will drop toward $2.08, or can buyers reverse the trend? Share your view below! 👇
#BTW #CryptoTrading #ShortSetup #TechnicalAnalysis #BinanceSquare
$BTW continues to show a bearish structure, with lower highs forming at 2.75 → 2.68 → 2.53 → 2.52 and lower lows around 2.18 → 2.16.
The current bounce toward $2.25 may be a short-term recovery rather than a full trend reversal. Declining Open Interest also suggests weaker participation, so I’m watching the upper resistance zone for a potential short entry. Confirmation is important before entering. ⚠️
🔴 Preferred Trade: SHORT
📍 Entry Zone: $2.30 – $2.40
🛑 Stop Loss: Above $2.48
🎯 TP1: $2.16
🎯 TP2: $2.08
💡 Key Level to Watch: If price gets rejected from $2.30–$2.40, bearish momentum could continue toward the targets. A strong breakout above resistance would weaken this setup.
💬 Do you think $BTW will drop toward $2.08, or can buyers reverse the trend? Share your view below! 👇
#BTW #CryptoTrading #ShortSetup #TechnicalAnalysis #BinanceSquare