Guys, I'm watching a SHORT setup on $BTW here. 👀📉
BTWUSDT | Perp
🎯 TP1: $0.6872
🎯 TP2: $0.6000
🛑 SL: $0.7837
What I like here is not just the bearish momentum, it's the way price keeps struggling to reclaim higher levels.
On the 1H chart, BTW is showing a clear sequence of lower highs after its previous decline. Buyers are trying to defend the $0.73 area, but the recovery still looks weak.
Sellers are holding pressure around the $0.76–$0.78 resistance zone, and that's the area I'm watching closely.
If buyers fail to reclaim this resistance and price breaks below $0.7297, we could see another wave of selling toward $0.6872.
A clean breakdown could open the door toward the $0.60 liquidity area. 🔻
So my mindset is simple:
I want to see sellers maintain control and price lose the $0.7297 support before looking for further downside.
If BTW reclaims $0.7837, this bearish idea is invalidated, and I won't blindly fight the market.
No chasing candles. I'm watching the structure and waiting for confirmation.
BTWUSDT | Perp
🎯 TP1: $0.6872
🎯 TP2: $0.6000
🛑 SL: $0.7837
What I like here is not just the bearish momentum, it's the way price keeps struggling to reclaim higher levels.
On the 1H chart, BTW is showing a clear sequence of lower highs after its previous decline. Buyers are trying to defend the $0.73 area, but the recovery still looks weak.
Sellers are holding pressure around the $0.76–$0.78 resistance zone, and that's the area I'm watching closely.
If buyers fail to reclaim this resistance and price breaks below $0.7297, we could see another wave of selling toward $0.6872.
A clean breakdown could open the door toward the $0.60 liquidity area. 🔻
So my mindset is simple:
I want to see sellers maintain control and price lose the $0.7297 support before looking for further downside.
If BTW reclaims $0.7837, this bearish idea is invalidated, and I won't blindly fight the market.
No chasing candles. I'm watching the structure and waiting for confirmation.
