BTW is leaning bearish while most see a range.

🔴 SHORT $BTW /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 1.0950441 – 1.1051559
TP1: 1.0100954 (-8.2%)
TP2: 0.9500924 (-13.6%)
TP3: 0.8600879 (-21.8%)
SL: 1.2201061 (+10.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Why SHORT? 4/11 signals agree, 0 against.
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 34.2)
• Sellers have the momentum (1h RSI 44.7)

Quick BTW read:
1. The short-term trend is down based on the 1h moving average stack.
2. The 4h RSI shows bearish momentum below 45, meaning sellers have momentum.
3. This idea breaks if price moves back above the stop level at 1.2201061.

Where is your invalidation level for this short?

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.