🔴 $BTW /USDT · Bias: SHORT
4h bearish stack keeps price below EMA50 and EMA200, so the swing trend is down.
Entry: 1.0540971 – 1.0703029
TP1: 0.9304496 (-12.4%)
TP2: 0.8426160 (-20.7%)
TP3: 0.7108656 (-33.1%)
SL: 1.2378672 (+16.5%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 and EMA200, meaning the swing trend is down and sellers are in control.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see this short as a good setup from current levels?